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Amazon News
Insider
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'Best to be cautious': Tariff jitters are high as analysts head toward Amazon's first-quarter earnings
- Analysts are feeling upbeat but cautious ahead of Amazon's first-quarter earnings report, as tariffs could impact the e-commerce firm directly.
- Investors are particularly interested in Amazon's second-quarter guidance, considering the potential challenges posed by tariffs.
- Deutsche Bank advises caution, expecting conservative first-quarter results and potential challenges ahead.
- Bank of America sees Amazon as a potential beneficiary in trade deals, expecting strong quarterly performance.
- CFRA expects Amazon to surpass estimates, with tariffs possibly driving increased market share for the company.
- JPMorgan remains bullish on Amazon, emphasizing positive factors like cloud growth and AI positioning.
- Goldman Sachs suggests reducing exposure to China to mitigate risks for Amazon amid global trade tensions.
- While uncertainties remain, analysts hold varied views on how Amazon may navigate challenges and capitalize on opportunities.
- Amazon's performance in the face of tariffs and trade negotiations will play a crucial role in shaping investor sentiment.
- The upcoming earnings report will shed light on Amazon's strategies in a potentially turbulent economic environment.
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Analyticsindiamag
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Amazon Launches Project Kuiper Satellites to Take on Starlink
- Amazon has launched its first batch of 27 satellites as part of Project Kuiper, aiming to increase global broadband access through a constellation of over 3,000 satellites in low Earth orbit, competing against SpaceX's Starlink.
- The project initially faced delays but has successfully deployed satellites 280 miles above Earth, adding capacity and coverage to the network.
- The satellites are capable of delivering fast, affordable broadband to underserved communities and are coated with a unique dielectric mirror film to make them less visible to ground-based astronomers.
- Amazon aims to meet the FCC deadline to deploy half its constellation by mid-2026, with plans to continue increasing production, processing, and deployment rates for future missions.
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Digitaltrends
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When will Amazon be able to really challenge SpaceX’s Starlink service?
- Amazon launched its first batch of operational internet satellites.
- SpaceX's Starlink service is already enabling 10,000 students to learn in connected environments.
- Amazon's Project Kuiper has to catch up, as SpaceX has over 7,000 satellites in orbit.
- By the end of the year, Amazon aims to start delivering high-speed satellite internet connectivity.
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Insider
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Andy Jassy's advice for companies that want to cut bureaucracy
- Amazon CEO Andy Jassy suggests companies cut bureaucracy by flattening organizational structure and increasing ownership.
- Jassy advises companies to address the issue, identify biggest problems, and keep working to reduce bureaucracy.
- Amazon uses a feedback loop, including a 'no bureaucracy email alias,' to identify and resolve issues.
- Jassy emphasizes the need to continually strengthen company culture for long-term success.
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Insider
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Clinique's Black Honey made me stop hating lipstick, and now it's on sale
- Clinique's viral Almost Lipstick in Black Honey is on sale for the Amazon Summer Beauty Event.
- The shade is designed to look different on everyone and complement virtually any skin tone.
- The formula goes on like a semi-glossy lip balm and keeps lips hydrated for hours.
- Clinique Black Honey is highly praised by Amazon shoppers and is currently 15% off during the Summer Beauty Event.
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Massivelyop
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Massively OP Podcast Episode 516: New World of Equinox Awakening Online
- Equinox Homecoming's early access surprise kicks off on May 8.
- Dune Awakening prepares for a beta next month without an NDA.
- LOTRO's Update 44 arrives in celebration of the game's anniversary.
- World of Warcraft's Update 11.1.5 encounters issues and is deemed a disaster.
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Mensjournal
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UPS Delivers Bad News Amid Amazon Spending Pullback
- United Parcel Service (UPS) announced it will be laying off 20,000 employees and closing 73 locations due to Amazon spending slowdown and White House tariffs.
- The layoffs and store closures are a preemptive move to cut costs amid an uncertain global economy.
- UPS is reassessing its partnership with Amazon as their 30-year contract comes up for renewal.
- UPS' first-quarter earnings were $21.55 billion, a 0.7% decrease from the first quarter of 2024.
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Siliconangle
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Amazon launches first batch of operational Project Kuiper satellites
- Amazon launched its first batch of operational Project Kuiper satellites.
- The 27 satellites will be joined by over 3,000 more in the future to provide internet connectivity.
- Amazon plans to spend over $10 billion on the Project Kuiper initiative.
- Satellite manufacturing and testing facilities have been set up in Washington and Florida.
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Androidauthority
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Amazon confirms Prime Day will return in July, but it might look a bit different this year
- Amazon has confirmed that Prime Day 2025 will take place in July.
- Prime members will enjoy exclusive savings across more than 35 categories, with Ireland participating for the first time.
- Some third-party sellers may skip Prime Day due to increased costs from new tariffs on Chinese imports.
- Prime members will also benefit from fast, free delivery on Prime Day purchases.
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Insider
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Amazon CEO Andy Jassy has a warning about how fast people are embracing AI
- Amazon CEO Andy Jassy expressed concerns about the rapid embrace of AI technology.
- Jassy emphasized the need to be responsible with algorithm and model usage.
- He expressed worries about the quality of education and its impact on preparing people for the future economy.
- Jassy believes that AI will transform technology and improve various experiences.
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Insider
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Elon Musk's Starlink mints money and has become a geopolitical power tool. No wonder Amazon is splurging on satellites.
- Amazon continues to invest in Project Kuiper, a satellite project that could rival Elon Musk's Starlink, despite cost-cutting measures elsewhere.
- Project Kuiper aims to launch a constellation of internet-beaming satellites, highlighting massive profit potential and a desire for strategic independence from Musk.
- Starlink, SpaceX's satellite internet venture, has seen rapid growth, with projected revenue of $12.3 billion for 2025 and an impressive EBITDA margin of 61%.
- Kuiper aims to tap into the $1 trillion total addressable market in terrestrial telecom and broadband services, providing Amazon with a potential high-margin business opportunity.
- With only limited satellite communication spectrum available in space, Kuiper is positioned to be a significant competitor to Starlink.
- Amazon's satellite ambitions also stem from a need for autonomy, as it aims to reduce reliance on Musk's Starlink for broadband access, crucial for its cloud business AWS.
- By owning the satellite infrastructure, Amazon can control quality, pricing, and reach, reducing dependencies on third-party providers and providing a direct highway to the cloud.
- Project Kuiper is strategically positioned to unlock billion-dollar upside for Amazon while ensuring independence from potential geopolitical and commercial risks.
- As Starlink paves the way and Kuiper scales its constellation, Amazon's investment in satellite infrastructure appears to be a calculated and savvy move.
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Androidauthority
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Amazon swiftly denies plans to highlight tariff impact on prices
- Amazon denies plans to highlight tariff impact on prices.
- Amazon refutes the claims made in a report.
- Company spokesperson mentions considering import charges listing for certain products.
- The report claimed Amazon planned to add import fees to show the impact of tariffs on product prices.
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TechCrunch
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Amazon’s first 27 internet satellites launch to space
- Amazon has successfully launched its first 27 satellites for its space-based internet network.
- The move positions Amazon to compete with Elon Musk's Starlink service.
- Amazon's Kuiper network is set to consist of 3,226 Kuiper satellites in total.
- However, Musk's Starlink already has over 8,000 satellites and more than 5 million users.
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Pymnts
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Amazon: No Plans to List Trade War-Related Surcharges
- Amazon has no plans to display import-related charges on its website.
- Discussions were held on listing import charges on specific products on the Amazon Haul store, but the idea was not approved.
- The Trump administration harshly responded to the news, calling it a hostile and political act.
- Amid ongoing tariffs, the concerns have caused consumer confidence to decline for the fifth consecutive month.
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Insider
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Image Credit: Insider
Amazon CEO Andy Jassy has some advice for business leaders amid tariff uncertainty
- Andy Jassy advises CEOs to 'stay focused' on customers amid geopolitical uncertainty.
- Jassy emphasizes prioritizing customer needs instead of overthinking potential tariff impacts.
- Leaders should acknowledge what's going on, but focus on the things they can control.
- Jassy suggests that staying focused on customer needs will lead to a higher starting point for businesses.
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