Amazon Shares Drop 8%. Reasons, Jassy’s Tasks, and Why to Avoid $AMZN Stock.
Amazon’s Stock Decline After Mixed Q2 Report Amazon’s stock took an 8.3% hit following a mixed report for the second quarter, which raised eyebrows among investors. What’s the reason? Well, while Amazon’s retail side performed decently, investors were disappointed with the slower growth of Amazon Web Services (AWS) compared to its competitors like Microsoft Azure […]
Amazon employees slam CEO Andy Jassy’s return-to-office mandate
Amazon is forcing employees to come into the office five days a week, but they're not happy about it. Employees aired their frustrations on Slack after Andy Jassy, who took over as CEO in 2021, said in a memo on Monday that employees should return fully to the office by January. The mandate to return […]