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☆ Inside Andy Jassy's plan for Amazon in the generative AI era
  + stars: | 2024-04-12 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. By the way, we're wrapping up voting for the championship matchup in our business, tech, and innovation bracket. In today's big story, we're looking at Amazon CEO Andy Jassy's letter to shareholders, which details the tech giant's plan in the age of generative AI . What's on deck:AdvertisementBut first, Amazon, AI, and a letter. The big storyAmazon in the AI ageMichael M. Santiago/Getty Images; Chelsea Jia Feng/BIThe generative AI revolution is coming, and Amazon wants in on the ground floor.
Persons: —, We've, Andy Jassy's, Michael M, Chelsea Jia Feng, Andy Jassy, Ana Altchek, Jassy, that's, Andy Jassy Mike Blake, Eugene Kim, Jassy's, Phillip Faraone, Gregor Fischer, Noam Galai, Here's, it's, Morgan Stanley, Ben Bergman, Rebecca Zisser, Adam Neumann, Neumann, Samantha Lee, Bon Appétit, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Amazon, Getty, AWS, Bridgewater Associates, Pfizer, Reuters, Prime, TechCrunch, Games, New York Times, Visual China, BI, JPMorgan Chase, Citigroup, Coachella Locations: Wells Fargo, New York, London
☆ These are JPMorgan’s favorite stock picks heading into November
  + stars: | 2023-11-01 | by ( Brian Evans | ) www.cnbc.com   time to read: +2 min
JPMorgan Chase parted with four stocks in its list of favorite picks heading into November, including an upscale athletic retailer. The bank made a single addition for November on its Analyst Focus List, highlighting food service stock Aramark . The bank also removed mortgage company NMI Holdings from the focus list, as well as oncology firm Revolution Medicines . Other stocks on the focus list include Capital One , included as a value stock, with a $111 per share price target. AMZN YTD mountain Amazon stock.
Persons: JPMorgan Chase, Andrew Steinman, Richard Shane, NMI, Eric Joseph, Doug Anmuth's, Mark Murphy, — CNBC's Michael Bloom Organizations: JPMorgan, NMI Holdings, Medicines, Amazon, Microsoft
☆ Here’s our third-quarter earnings report card for all the stocks in our portfolio
  + stars: | 2022-12-27 | by ( Zev Fima | ) www.cnbc.com   time to read: +17 min
Third-quarter earnings season is finally behind us — and like the prior quarter, results were solid overall compared to analyst forecasts. Danaher (DHR) reported sales and earnings beats on the back of better-than-expected results in all three segments of the health technology company. While U.S. customer traffic was down in the quarter, management noted that it improved sequentially and improved throughout the quarter. Still the luxury hotel and casino company reported solid third-quarter results boosted by its U.S. properties. Amazon (AMZN) reported results that were disappointing, to say the least, and compounded by guidance that was even worse.
☆ Russia's Urals oil averaged $57.49/bbl in past month, below price cap
  + stars: | 2022-12-16 | by ( ) www.reuters.com   time to read: +3 min
The Urals price was sharply lower than $80 per barrel for the international Brent benchmark . According to Reuters data, the Urals price for delivery from the Black Sea port of Novorossiisk on a FOB basis is currently $48.69 per barrel. Market sources said Urals crude has been sold at deeper discounts this month following a European ban on Russian oil imports, and dominant buyer India has bought barrels at well below the West's $60 price cap. Since Russia sent its troops into Ukraine in February, India has become the main outlet for seaborne cargoes of Urals crude. The spread, or difference, between Urals and dated Brent - the price of physical, light North Sea crude oil, - has risen sharply from early February, when it stood at around minus $1.
☆ Kanye West's episode of LeBron James' YouTube show won't air because he used his interview 'to reiterate more hate speech'
  + stars: | 2022-10-12 | by ( Travis Clark | ) www.businessinsider.com   time to read: +3 min
Kanye West's interview on the YouTube talk show "The Shop" won't air. An executive producer said West used the interview to "reiterate more hate speech." "Yesterday we taped an episode of 'The Shop' with Kanye West," Maverick Carter, another executive producer of the show, told The Hollywood Reporter in a statement. Unfortunately, he used 'The Shop' to reiterate more hate speech and extremely dangerous stereotypes." Hate speech should never have an audience."
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