US Top News and Analysis | Amazon's top health exec is stepping down, will be replaced by Amwell co-founder

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Amazon announced that its senior vice president of Amazon Health Services, Neil Lindsay, will step down on July 1 and be succeeded by Dr. Roy Schoenberg, the co‑founder of telemedicine firm Amwell. Lindsay, who has been with Amazon for more than 15 years and has overseen the health‑care unit—including Amazon Pharmacy, the One Medical acquisition and other initiatives—will stay on as an advisor through the end of the year. The leadership change follows a series of executive shifts in Amazon’s health‑care division, which has been trying to break into the complex, multi‑trillion‑dollar U.S. health‑care market through acquisitions and new services.

Read more: https://www.cnbc.com/2026/05/27/amazons-top-health-exec-is-stepping-down-will-be-replaced-by-amwell-co-founder.html

#Amazon #NeilLindsay #RoySchoenberg #Amwell #AndyJassy #DougHerrington

US Top News and Analysis | Amazon ditches Rufus chatbot, launches Alexa shopping agent in AI strategy pivot

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Amazon has discontinued its Rufus chatbot and is centering its AI‑driven shopping strategy on a new “Alexa for Shopping” assistant. The tool merges Rufus’s recommendation features with Alexa+, using customers’ purchase histories and product data to answer queries, compare items, and even schedule purchases, all without requiring a Prime membership. Activated via a clickable “A” icon on Amazon’s website or app and on Echo Show displays, it replaces the standalone Rufus bot, which will be retired. Amazon says the integration gives Alexa access to reliable information such as stock availability, delivery estimates and customer reviews—advantages it claims other AI shopping agents lack. By embedding Alexa for Shopping into search results, Amazon also plans to show relevant sponsored product ads, a move that could affect third‑party sellers who rely on traditional search placements. The shift reflects Amazon’s broader effort to stay ahead of competing AI shopping solutions from firms like OpenAI and Google while maintaining tighter control over its e‑commerce platform.

Read more: https://www.cnbc.com/2026/05/13/amazon-ditches-rufus-ai-chatbot-in-favor-of-alexa-shopping-agent.html

#Amazon #Rufus #Alexa #OpenAI #Google #Perplexity #DanielRausch #AndyJassy #AmazonPrime #Alexaassistant #

US Top News and Analysis | Amazon accelerates delivery race with 30-minute dropoffs in dozens of U.S. cities

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Amazon is rolling out “ultra‑fast” deliveries—30‑minute or less—in dozens of U.S. cities, expanding the Amazon Now service it began piloting in December. The company will add new markets such as Austin, Denver, Minneapolis, Phoenix, Seattle, Philadelphia, Dallas and Atlanta, aiming to reach “tens of millions” of customers by year‑end. Deliveries are powered by a network of small “dark‑store” micro‑fulfillment centers located near shoppers and on‑demand Flex drivers, with options for cars, e‑cargo bikes and eventually other transport modes. Prime members will pay $3.99 per order (plus $1.99 for orders under $15), while non‑members face a $13.99 fee (plus $3.99 for small orders). The move follows Amazon’s push from two‑day to same‑day shipping, intensifying competition with gig‑economy services and brick‑and‑mortar retailers.

Read more: https://www.cnbc.com/2026/05/12/amazon-launches-ultrafast-30-minute-delivery-in-dozens-of-us-cities.html

#AmazonNow #AmazonFlex #AndyJassy #Instacart #Prime

Times of India | After 30,000+ layoffs, Amazon Web Services CEO Matt Garman says: Jobs are not going away, I can tell you we are hiring just as many software developers as…

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Amazon Web Services CEO Matt Garman told listeners at the “What’s Next with AWS” event that, despite more than 30,000 corporate layoffs at Amazon in the past six months, the company is hiring 11,000 software‑development‑engineer interns and early‑career engineers in 2026, arguing that demand for developers is accelerating rather than disappearing. He said the nature of the role is evolving: routine Java‑snippet writing will matter less, while building end‑to‑end applications, understanding customer needs and mastering cloud services will become more valuable. Garman, who has previously dismissed “AI‑replace‑junior‑engineer” doomsday warnings, acknowledged that AI tools are reshaping the job but not eliminating it. Other industry voices, such as Anthropic’s Boris Cherny and a16z partner Martin Casado, contend that software‑engineering as a discipline could be heavily disrupted or even vanish, illustrating a split view on how AI will impact tech employment.

Read more: https://timesofindia.indiatimes.com/technology/tech-news/after-30000-layoffs-amazon-web-services-ceo-matt-garman-says-jobs-are-not-going-away-i-can-tell-you-we-are-hiring-just-as-many-software-developers-as/articleshow/130675238.cms

#MattGarman #Amazon #AWS #BorisCherny #MartinCasado #AndyJassy

US Top News and Analysis | Jim Cramer's top 10 things to watch in the stock market Thursday

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On Thursday, April 30 2026, Jim Cramer highlighted ten market catalysts: Alphabet topped earnings with strong AI‑driven growth in search, subscriptions and cloud, prompting a price‑target hike to $400; Amazon followed, boosting AWS to 28% growth and maintaining a $200 billion capex plan, lifting its target to $300; Microsoft saw 40% cloud growth and Copilot expansion, keeping its $500 target despite a slight stock dip; Meta’s lack of a cloud business hurt sentiment, leading to an 8.5% share decline and a reduced target of $750; broader market forces—robust earnings, lower oil, and bond yields—should support a higher S&P 500 opening; Eli Lilly smashed forecasts with a 49% U.S. volume surge, sending its stock up over 6%; Cardinal Health delivered modest earnings improvement but fell 1%; AI start‑up Anthropic is in talks for a $900 billion valuation; Qualcomm’s data‑center chip launch for a “large hyperscaler” spurred a >10% rally; and Intel, riding soaring demand for AI chips, hit an all‑time high with shares jumping nearly 24% after blockbuster earnings.

Read more: https://www.cnbc.com/2026/04/30/jim-cramers-top-10-things-to-watch-in-the-stock-market-thursday.html

#JimCramer #JeromePowell #Alphabet #Amazon #EliLilly #AndyJassy #DavidRicks

US Top News and Analysis | Tech's hyperscalers face Wall Street for first time since U.S. Iran war sent oil prices soaring

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Tech giants — Alphabet, Amazon, Meta and Microsoft — are set to report quarterly results after the market close on Wednesday, their first earnings updates since the U.S.-Iran conflict drove oil prices up sharply and deepened a global memory shortage. Despite a roughly 50 % jump in oil prices and an 80 % year‑to‑date increase, the companies have kept their capital‑expenditure plans largely intact, with Amazon pledging $200 billion in spend and Microsoft’s fiscal‑year capex expected to grow 66 % to about $107.5 billion. Analysts are watching how higher fuel costs, helium and sulfur supply disruptions, and soaring DRAM prices will affect data‑center construction and AI‑related spending, but many believe the firms can absorb these pressures and that the AI trade remains bullish, as evidenced by strong demand for cloud services, record Nvidia valuations and a Nasdaq gaining 15 % in April.

Read more: https://www.cnbc.com/2026/04/28/tech-hyperscalers-q1-earnings-after-iran-war-lifts-energy-ai-prices.html

#Alphabet #Amazon #Meta #Microsoft #Nvidia #AndyJassy #BradSmith

US Top News and Analysis | Cramer's week ahead: Record highs meet a pivotal week for tech earnings

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Jim Cramer warned that the market has become a “beast” driven by a powerful rally in data‑center and AI‑related stocks, with the S&P 500 and Nasdaq closing at record highs on gains from chipmaker Intel and other AI infrastructure players. He said the packed slate of tech earnings next week will be the most important of the quarter, testing whether the surge is sustainable or over‑hyped. Cramer highlighted upcoming reports—Verizon, Nucor, Corning, Robinhood, Bloom Energy, Starbucks, Microsoft, Amazon, Meta, Alphabet, Eli Lilly, Apple, Sandisk, Western Digital, Chevron and Exxon—pointing out specific catalysts such as data‑center demand, fiber‑optic growth, fuel‑cell technology, and memory shortages. He urged investors to listen to conference calls rather than headlines, noting his charitable trust holds shares in many of the discussed companies.

Read more: https://www.cnbc.com/2026/04/24/cramers-week-ahead-record-highs-meet-a-pivotal-week-for-tech-earnings.html

#JimCramer #Amazon #Microsoft #AndyJassy #TimCook

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The Guardian | Amazon to finally launch Leo satellite internet in ‘mid-2026’, says CEO by Raphael Boyd

Andy Jassy tells shareholders that long-awaited rival to Elon Musk’s Starlink is ‘on the verge’ of going live

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Amazon has said its long-awaited satellite internet rival to Elon Musk’s Starlink will finally go live in “mid-2026”.

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Read more: https://www.theguardian.com/technology/2026/apr/10/amazon-launch-leo-satellite-internet-andy-jassy

#amazon #leo #andyjassy #starlink