Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.

1.14K
211
Favorite

Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.

Barrons2021-07-05

Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

1.14K

Report

Comment（211）

nivlac
·2021-07-06
Nice
Reply
Like
Report
MaoMaoMao
·2021-07-06
[Observation]
Reply
1
Report
MIe
·2021-07-06
With new CEO Andy who led AWS since 2003 and cloud upcoming boom, more upside on AWS revenue and Amazon share price+
Reply
1
Report
JarenSin
·2021-07-06
Don't worry, believe in the company!
Reply
Like
Report
meowr
·2021-07-06
Jeff Bezos is still in the company so not huge impact expected?
Reply
2
Report
sugizoi4u
·2021-07-06
Please do a split
Reply
2
Report
Fold Replies
- JarenSin:
  yeah that's right
  2021-07-06
  Reply
  Report
- Jessieping:
  ya
  2021-07-06
  Reply
  Report
SquareGuy
·2021-07-06
$1X AMZN(AMZN.UK)$just go split !
Reply
2
Report
Kitsonlin
·2021-07-06
New boss , new view
Reply
6
Report
Fold Replies
- kenong62:
  yeah
  2021-07-06
  Reply
  Report
YiiYii
·2021-07-06
[疑問]
Reply
6
Report
Fold Replies
- YiiYii:
  [举爪]
  2021-07-06
  Reply
  Report
- hmmwvms:
  [强]
  2021-07-06
  Reply
  Report
- Wins888:
  saddd
  2021-07-06
  Reply
  Report
Lamborghini1
·2021-07-06
Yeah
Reply
4
Report
ccwee
·2021-07-06
latest
Reply
1
Report
Cklvin
·2021-07-06
Still the man behind
Reply
3
Report
Salibee
·2021-07-06
Think what suka2 ah...
Reply
4
Report
EHG
·2021-07-06
Like
Reply
4
Report
Newcomer007
·2021-07-06
New CEO new challenge
Reply
4
Report
ming22
·2021-07-06
[思考] time to change...
Reply
1
Report
CynthiaGho
·2021-07-06
Like pls
Reply
2
Report
5D1T2
·2021-07-06
[噓]
Reply
2
Report
tungleh
·2021-07-06
Is it because Jeff fear that he can't come back from space? [開心]
Reply
3
Report
Fold Replies
- Newcomer007:
  haha
  2021-07-06
  Reply
  Report
JCai
·2021-07-06
Like pls
Reply
3
Report
Fold Replies
- tungleh:
  Done
  2021-07-06
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1157317474?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-07-05 19:17","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1157317474","market":"us","top_or_hot":-1,"title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","media":"Barrons","content":"<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Source Link</a>\n\n</div>\n","source":"lsy1601382232898","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMZN","symbol_name":"亚马逊","start_time":0,"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","article_id":"1157317474","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","pubTimestamp":1625483857,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMZN":"亚马逊"},"translate_title":"杰夫·贝索斯将于周一辞去首席执行官一职。这对亚马逊的股票意味着什么。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMZN":0.9},"content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":157127414,"gmtCreate":1625574296638,"gmtModify":1703744038260,"author":{"id":"3576410555567456","authorId":"3576410555567456","authorIdStr":"3576410555567456","name":"nivlac","avatar":"https://static.tigerbbs.com/20f49098bcdb5db4fdcfb746b729245d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3576410555567456"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/157127414","repostId":1157317474,"repostType":4,"repost":{"id":"1157317474","pubTimestamp":1625483857,"share":"https://ttm.financial/m/news/1157317474?lang=&edition=fundamental","pubTime":"2021-07-05 19:17","market":"us","language":"en","title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","media":"Barrons","summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","content":"<p>Amazon.com&nbsp;founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.</p>\n<p>As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)</p>\n<p>Amazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.</p>\n<p>AWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.</p>\n<p>Amazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.</p>\n<p>Despite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&amp;P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.</p>\n<p>The success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.</p>\n<p>The cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.</p>\n<p>There are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.</p>\n<p>Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”</p>\n<p>Last week, Amazon&nbsp;formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.</p>\n<p>The worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.</p>\n<p>The more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.</p>\n<p>Amazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.</p>\n<p>As for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.</p>\n<p>Even the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157317474","content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":157343234,"gmtCreate":1625568729028,"gmtModify":1703743918283,"author":{"id":"4087250630675340","authorId":"4087250630675340","authorIdStr":"4087250630675340","name":"MaoMaoMao","avatar":"https://static.tigerbbs.com/9d0f51b1055bbf24f1a1f10e60ace2a0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087250630675340"},"htmlText":"[Observation]&nbsp;","listText":"[Observation]&nbsp;","text":"[Observation]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/157343234","repostId":1157317474,"repostType":4,"repost":{"id":"1157317474","pubTimestamp":1625483857,"share":"https://ttm.financial/m/news/1157317474?lang=&edition=fundamental","pubTime":"2021-07-05 19:17","market":"us","language":"en","title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","media":"Barrons","summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","content":"<p>Amazon.com&nbsp;founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.</p>\n<p>As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)</p>\n<p>Amazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.</p>\n<p>AWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.</p>\n<p>Amazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.</p>\n<p>Despite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&amp;P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.</p>\n<p>The success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.</p>\n<p>The cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.</p>\n<p>There are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.</p>\n<p>Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”</p>\n<p>Last week, Amazon&nbsp;formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.</p>\n<p>The worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.</p>\n<p>The more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.</p>\n<p>Amazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.</p>\n<p>As for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.</p>\n<p>Even the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157317474","content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":157380886,"gmtCreate":1625565505045,"gmtModify":1703743859070,"author":{"id":"3577182936341023","authorId":"3577182936341023","authorIdStr":"3577182936341023","name":"MIe","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":0,"idStr":"3577182936341023"},"htmlText":"With new CEO Andy who led AWS since 2003 and cloud upcoming&nbsp;boom, more upside on&nbsp;AWS revenue and Amazon share price+&nbsp;","listText":"With new CEO Andy who led AWS since 2003 and cloud upcoming&nbsp;boom, more upside on&nbsp;AWS revenue and Amazon share price+&nbsp;","text":"With new CEO Andy who led AWS since 2003 and cloud upcoming boom, more upside on AWS revenue and Amazon share price+","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/157380886","repostId":1157317474,"repostType":4,"repost":{"id":"1157317474","pubTimestamp":1625483857,"share":"https://ttm.financial/m/news/1157317474?lang=&edition=fundamental","pubTime":"2021-07-05 19:17","market":"us","language":"en","title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","media":"Barrons","summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","content":"<p>Amazon.com&nbsp;founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.</p>\n<p>As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)</p>\n<p>Amazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.</p>\n<p>AWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.</p>\n<p>Amazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.</p>\n<p>Despite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&amp;P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.</p>\n<p>The success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.</p>\n<p>The cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.</p>\n<p>There are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.</p>\n<p>Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”</p>\n<p>Last week, Amazon&nbsp;formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.</p>\n<p>The worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.</p>\n<p>The more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.</p>\n<p>Amazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.</p>\n<p>As for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.</p>\n<p>Even the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157317474","content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":157022369,"gmtCreate":1625555989251,"gmtModify":1703743610375,"author":{"id":"3574228744527117","authorId":"3574228744527117","authorIdStr":"3574228744527117","name":"JarenSin","avatar":"https://static.tigerbbs.com/34e62412266232d31a80955037ebc419","vip":1,"hat":"https://static.tigerbbs.com/c5ad23bb360296300b77bdc994657095","crmLevel":2,"crmLevelSwitch":0,"idStr":"3574228744527117"},"htmlText":"Don't worry, believe in the company!","listText":"Don't worry, believe in the company!","text":"Don't worry, believe in the company!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/157022369","repostId":1157317474,"repostType":4,"repost":{"id":"1157317474","pubTimestamp":1625483857,"share":"https://ttm.financial/m/news/1157317474?lang=&edition=fundamental","pubTime":"2021-07-05 19:17","market":"us","language":"en","title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","media":"Barrons","summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","content":"<p>Amazon.com&nbsp;founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.</p>\n<p>As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)</p>\n<p>Amazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.</p>\n<p>AWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.</p>\n<p>Amazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.</p>\n<p>Despite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&amp;P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.</p>\n<p>The success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.</p>\n<p>The cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.</p>\n<p>There are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.</p>\n<p>Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”</p>\n<p>Last week, Amazon&nbsp;formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.</p>\n<p>The worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.</p>\n<p>The more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.</p>\n<p>Amazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.</p>\n<p>As for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.</p>\n<p>Even the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157317474","content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":154721989,"gmtCreate":1625547009441,"gmtModify":1703743465177,"author":{"id":"3576969629359310","authorId":"3576969629359310","authorIdStr":"3576969629359310","name":"meowr","avatar":"https://static.tigerbbs.com/732176a20b288a7525656f2a80601bfb","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3576969629359310"},"htmlText":"Jeff Bezos is still&nbsp;in the company so not huge impact expected?","listText":"Jeff Bezos is still&nbsp;in the company so not huge impact expected?","text":"Jeff Bezos is still in the company so not huge impact expected?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/154721989","repostId":1157317474,"repostType":4,"repost":{"id":"1157317474","pubTimestamp":1625483857,"share":"https://ttm.financial/m/news/1157317474?lang=&edition=fundamental","pubTime":"2021-07-05 19:17","market":"us","language":"en","title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","media":"Barrons","summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","content":"<p>Amazon.com&nbsp;founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.</p>\n<p>As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)</p>\n<p>Amazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.</p>\n<p>AWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.</p>\n<p>Amazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.</p>\n<p>Despite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&amp;P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.</p>\n<p>The success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.</p>\n<p>The cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.</p>\n<p>There are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.</p>\n<p>Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”</p>\n<p>Last week, Amazon&nbsp;formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.</p>\n<p>The worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.</p>\n<p>The more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.</p>\n<p>Amazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.</p>\n<p>As for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.</p>\n<p>Even the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157317474","content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":154765395,"gmtCreate":1625546747117,"gmtModify":1703743457189,"author":{"id":"3580348004146675","authorId":"3580348004146675","authorIdStr":"3580348004146675","name":"sugizoi4u","avatar":"https://static.tigerbbs.com/c7f987f771f67981d200c8f1cd598c70","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3580348004146675"},"htmlText":"Please do a split","listText":"Please do a split","text":"Please do a split","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/154765395","repostId":1157317474,"repostType":4,"repost":{"id":"1157317474","pubTimestamp":1625483857,"share":"https://ttm.financial/m/news/1157317474?lang=&edition=fundamental","pubTime":"2021-07-05 19:17","market":"us","language":"en","title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","media":"Barrons","summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","content":"<p>Amazon.com&nbsp;founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.</p>\n<p>As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)</p>\n<p>Amazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.</p>\n<p>AWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.</p>\n<p>Amazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.</p>\n<p>Despite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&amp;P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.</p>\n<p>The success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.</p>\n<p>The cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.</p>\n<p>There are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.</p>\n<p>Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”</p>\n<p>Last week, Amazon&nbsp;formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.</p>\n<p>The worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.</p>\n<p>The more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.</p>\n<p>Amazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.</p>\n<p>As for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.</p>\n<p>Even the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157317474","content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5134971,"gmtCreate":1625556020125,"gmtModify":1663230583333,"authorId":3574228744527117,"author":{"id":3574228744527117,"authorId":3574228744527117,"name":"JarenSin","avatar":"https://static.tigerbbs.com/34e62412266232d31a80955037ebc419","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":154765395,"type":1,"supId":0,"prevId":0,"content":"yeah that's <u>right</u>","text":"yeah that's <u>right</u>","html":"yeah that's <u>right</u>"},{"id":5134765,"gmtCreate":1625553900697,"gmtModify":1635236132541,"authorId":3581459806944540,"author":{"id":3581459806944540,"authorId":3581459806944540,"name":"Jessieping","avatar":"https://static.tigerbbs.com/3cdbeda6e6ab3483c3a5a4139e5529f8","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":154765395,"type":1,"supId":0,"prevId":0,"content":"<u>ya</u>","text":"<u>ya</u>","html":"<u>ya</u>"}],"langContent":"EN"},{"id":154766138,"gmtCreate":1625546592924,"gmtModify":1703743454415,"author":{"id":"3561259559295872","authorId":"3561259559295872","authorIdStr":"3561259559295872","name":"SquareGuy","avatar":"https://static.tigerbbs.com/c4aa86e9311a7ff0643a2e9f93645a8c","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3561259559295872"},"htmlText":"<a href=\"https://laohu8.com/S/AMZN.UK\">$1X AMZN(AMZN.UK)$</a>just go split !&nbsp;","listText":"<a href=\"https://laohu8.com/S/AMZN.UK\">$1X AMZN(AMZN.UK)$</a>just go split !&nbsp;","text":"$1X AMZN(AMZN.UK)$just go split !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/154766138","repostId":1157317474,"repostType":4,"repost":{"id":"1157317474","pubTimestamp":1625483857,"share":"https://ttm.financial/m/news/1157317474?lang=&edition=fundamental","pubTime":"2021-07-05 19:17","market":"us","language":"en","title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","media":"Barrons","summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","content":"<p>Amazon.com&nbsp;founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.</p>\n<p>As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)</p>\n<p>Amazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.</p>\n<p>AWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.</p>\n<p>Amazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.</p>\n<p>Despite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&amp;P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.</p>\n<p>The success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.</p>\n<p>The cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.</p>\n<p>There are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.</p>\n<p>Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”</p>\n<p>Last week, Amazon&nbsp;formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.</p>\n<p>The worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.</p>\n<p>The more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.</p>\n<p>Amazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.</p>\n<p>As for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.</p>\n<p>Even the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157317474","content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":154404384,"gmtCreate":1625537125648,"gmtModify":1703743248418,"author":{"id":"4088412711170620","authorId":"4088412711170620","authorIdStr":"4088412711170620","name":"Kitsonlin","avatar":"https://community-static.tradeup.com/news/8f861facf7d7b6166cb50fa387771267","vip":1,"hat":"https://static.tigerbbs.com/1c1eed764d9c7ff83dc093fbb9a96bc2","crmLevel":2,"crmLevelSwitch":0,"idStr":"4088412711170620"},"htmlText":"New boss , new view","listText":"New boss , new view","text":"New boss , new view","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/154404384","repostId":1157317474,"repostType":4,"repost":{"id":"1157317474","pubTimestamp":1625483857,"share":"https://ttm.financial/m/news/1157317474?lang=&edition=fundamental","pubTime":"2021-07-05 19:17","market":"us","language":"en","title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","media":"Barrons","summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","content":"<p>Amazon.com&nbsp;founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.</p>\n<p>As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)</p>\n<p>Amazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.</p>\n<p>AWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.</p>\n<p>Amazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.</p>\n<p>Despite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&amp;P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.</p>\n<p>The success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.</p>\n<p>The cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.</p>\n<p>There are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.</p>\n<p>Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”</p>\n<p>Last week, Amazon&nbsp;formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.</p>\n<p>The worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.</p>\n<p>The more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.</p>\n<p>Amazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.</p>\n<p>As for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.</p>\n<p>Even the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157317474","content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5132728,"gmtCreate":1625537732170,"gmtModify":1663230570965,"authorId":3574928367638029,"author":{"id":3574928367638029,"authorId":3574928367638029,"name":"kenong62","avatar":"https://static.tigerbbs.com/37fd00bd8cea11b8aa1aed6d9ddd9413","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":154404384,"type":1,"supId":0,"prevId":0,"content":"yeah","text":"yeah","html":"yeah"}],"langContent":"EN"},{"id":154547102,"gmtCreate":1625536298006,"gmtModify":1703743221632,"author":{"id":"3567052123559984","authorId":"3567052123559984","authorIdStr":"3567052123559984","name":"YiiYii","avatar":"https://static.tigerbbs.com/bb10d436567743e0e60ba0933900bf20","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":4,"crmLevelSwitch":0,"idStr":"3567052123559984"},"htmlText":"[疑問]&nbsp;","listText":"[疑問]&nbsp;","text":"[疑問]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/154547102","repostId":1157317474,"repostType":4,"repost":{"id":"1157317474","pubTimestamp":1625483857,"share":"https://ttm.financial/m/news/1157317474?lang=&edition=fundamental","pubTime":"2021-07-05 19:17","market":"us","language":"en","title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","media":"Barrons","summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","content":"<p>Amazon.com&nbsp;founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.</p>\n<p>As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)</p>\n<p>Amazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.</p>\n<p>AWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.</p>\n<p>Amazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.</p>\n<p>Despite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&amp;P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.</p>\n<p>The success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.</p>\n<p>The cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.</p>\n<p>There are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.</p>\n<p>Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”</p>\n<p>Last week, Amazon&nbsp;formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.</p>\n<p>The worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.</p>\n<p>The more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.</p>\n<p>Amazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.</p>\n<p>As for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.</p>\n<p>Even the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157317474","content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5138754,"gmtCreate":1625578774333,"gmtModify":1663230602827,"authorId":3567052123559984,"author":{"id":3567052123559984,"authorId":3567052123559984,"name":"YiiYii","avatar":"https://static.tigerbbs.com/bb10d436567743e0e60ba0933900bf20","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":154547102,"type":1,"supId":5134119,"prevId":0,"content":"[举爪]","text":"[举爪]","html":"[举爪]"},{"id":5134119,"gmtCreate":1625547613735,"gmtModify":1663230581947,"authorId":3578570760040163,"author":{"id":3578570760040163,"authorId":3578570760040163,"name":"hmmwvms","avatar":"https://static.tigerbbs.com/a906b2444a1aca7cd161a6e1ee03687e","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":154547102,"type":1,"supId":0,"prevId":0,"content":"[强]","text":"[强]","html":"[强]"},{"id":5140025,"gmtCreate":1625582903503,"gmtModify":1635235801522,"authorId":3573623994106312,"author":{"id":3573623994106312,"authorId":3573623994106312,"name":"Wins888","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":154547102,"type":1,"supId":0,"prevId":0,"content":"<u>saddd</u>","text":"<u>saddd</u>","html":"<u>saddd</u>"}],"langContent":"CN"},{"id":154545566,"gmtCreate":1625536238555,"gmtModify":1703743219171,"author":{"id":"3578903100181699","authorId":"3578903100181699","authorIdStr":"3578903100181699","name":"Lamborghini1","avatar":"https://static.tigerbbs.com/f8b24a649554234324e1e33be42fc25f","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3578903100181699"},"htmlText":"Yeah","listText":"Yeah","text":"Yeah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/154545566","repostId":1157317474,"repostType":4,"repost":{"id":"1157317474","pubTimestamp":1625483857,"share":"https://ttm.financial/m/news/1157317474?lang=&edition=fundamental","pubTime":"2021-07-05 19:17","market":"us","language":"en","title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","media":"Barrons","summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","content":"<p>Amazon.com&nbsp;founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.</p>\n<p>As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)</p>\n<p>Amazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.</p>\n<p>AWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.</p>\n<p>Amazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.</p>\n<p>Despite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&amp;P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.</p>\n<p>The success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.</p>\n<p>The cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.</p>\n<p>There are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.</p>\n<p>Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”</p>\n<p>Last week, Amazon&nbsp;formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.</p>\n<p>The worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.</p>\n<p>The more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.</p>\n<p>Amazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.</p>\n<p>As for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.</p>\n<p>Even the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157317474","content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":154526878,"gmtCreate":1625535304294,"gmtModify":1703743186774,"author":{"id":"3581829959470650","authorId":"3581829959470650","authorIdStr":"3581829959470650","name":"ccwee","avatar":"https://static.tigerbbs.com/652d99331e3c23c682d7e58cfc9f6544","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581829959470650"},"htmlText":"latest&nbsp;","listText":"latest&nbsp;","text":"latest","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/154526878","repostId":1157317474,"repostType":4,"repost":{"id":"1157317474","pubTimestamp":1625483857,"share":"https://ttm.financial/m/news/1157317474?lang=&edition=fundamental","pubTime":"2021-07-05 19:17","market":"us","language":"en","title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","media":"Barrons","summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","content":"<p>Amazon.com&nbsp;founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.</p>\n<p>As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)</p>\n<p>Amazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.</p>\n<p>AWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.</p>\n<p>Amazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.</p>\n<p>Despite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&amp;P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.</p>\n<p>The success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.</p>\n<p>The cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.</p>\n<p>There are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.</p>\n<p>Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”</p>\n<p>Last week, Amazon&nbsp;formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.</p>\n<p>The worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.</p>\n<p>The more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.</p>\n<p>Amazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.</p>\n<p>As for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.</p>\n<p>Even the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157317474","content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":154528271,"gmtCreate":1625535265593,"gmtModify":1703743185946,"author":{"id":"4087965431046850","authorId":"4087965431046850","authorIdStr":"4087965431046850","name":"Cklvin","avatar":"https://static.tigerbbs.com/6005df9be4235fa1ab7087f5e7a50ed2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087965431046850"},"htmlText":"Still the man behind","listText":"Still the man behind","text":"Still the man behind","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/154528271","repostId":1157317474,"repostType":4,"repost":{"id":"1157317474","pubTimestamp":1625483857,"share":"https://ttm.financial/m/news/1157317474?lang=&edition=fundamental","pubTime":"2021-07-05 19:17","market":"us","language":"en","title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","media":"Barrons","summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","content":"<p>Amazon.com&nbsp;founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.</p>\n<p>As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)</p>\n<p>Amazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.</p>\n<p>AWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.</p>\n<p>Amazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.</p>\n<p>Despite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&amp;P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.</p>\n<p>The success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.</p>\n<p>The cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.</p>\n<p>There are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.</p>\n<p>Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”</p>\n<p>Last week, Amazon&nbsp;formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.</p>\n<p>The worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.</p>\n<p>The more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.</p>\n<p>Amazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.</p>\n<p>As for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.</p>\n<p>Even the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157317474","content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":154564155,"gmtCreate":1625534969877,"gmtModify":1703743175672,"author":{"id":"3578610877384773","authorId":"3578610877384773","authorIdStr":"3578610877384773","name":"Salibee","avatar":"https://static.tigerbbs.com/4171df5071ff91dad108e551fca14644","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3578610877384773"},"htmlText":"Think what suka2 ah...","listText":"Think what suka2 ah...","text":"Think what suka2 ah...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/154564155","repostId":1157317474,"repostType":4,"repost":{"id":"1157317474","pubTimestamp":1625483857,"share":"https://ttm.financial/m/news/1157317474?lang=&edition=fundamental","pubTime":"2021-07-05 19:17","market":"us","language":"en","title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","media":"Barrons","summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","content":"<p>Amazon.com&nbsp;founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.</p>\n<p>As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)</p>\n<p>Amazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.</p>\n<p>AWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.</p>\n<p>Amazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.</p>\n<p>Despite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&amp;P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.</p>\n<p>The success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.</p>\n<p>The cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.</p>\n<p>There are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.</p>\n<p>Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”</p>\n<p>Last week, Amazon&nbsp;formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.</p>\n<p>The worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.</p>\n<p>The more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.</p>\n<p>Amazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.</p>\n<p>As for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.</p>\n<p>Even the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157317474","content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":154584944,"gmtCreate":1625534550188,"gmtModify":1703743161252,"author":{"id":"3586941861951066","authorId":"3586941861951066","authorIdStr":"3586941861951066","name":"EHG","avatar":"https://static.tigerbbs.com/28e4734e50f795c3218330cbb6c3e9a0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586941861951066"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/154584944","repostId":1157317474,"repostType":4,"repost":{"id":"1157317474","pubTimestamp":1625483857,"share":"https://ttm.financial/m/news/1157317474?lang=&edition=fundamental","pubTime":"2021-07-05 19:17","market":"us","language":"en","title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","media":"Barrons","summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","content":"<p>Amazon.com&nbsp;founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.</p>\n<p>As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)</p>\n<p>Amazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.</p>\n<p>AWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.</p>\n<p>Amazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.</p>\n<p>Despite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&amp;P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.</p>\n<p>The success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.</p>\n<p>The cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.</p>\n<p>There are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.</p>\n<p>Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”</p>\n<p>Last week, Amazon&nbsp;formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.</p>\n<p>The worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.</p>\n<p>The more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.</p>\n<p>Amazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.</p>\n<p>As for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.</p>\n<p>Even the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157317474","content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":154586823,"gmtCreate":1625534454162,"gmtModify":1703743159113,"author":{"id":"3580034838470052","authorId":"3580034838470052","authorIdStr":"3580034838470052","name":"Newcomer007","avatar":"https://static.tigerbbs.com/72ffc8b15ab7b4af0760f48a0e342ba1","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3580034838470052"},"htmlText":"New CEO new challenge","listText":"New CEO new challenge","text":"New CEO new challenge","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/154586823","repostId":1157317474,"repostType":4,"repost":{"id":"1157317474","pubTimestamp":1625483857,"share":"https://ttm.financial/m/news/1157317474?lang=&edition=fundamental","pubTime":"2021-07-05 19:17","market":"us","language":"en","title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","media":"Barrons","summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","content":"<p>Amazon.com&nbsp;founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.</p>\n<p>As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)</p>\n<p>Amazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.</p>\n<p>AWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.</p>\n<p>Amazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.</p>\n<p>Despite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&amp;P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.</p>\n<p>The success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.</p>\n<p>The cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.</p>\n<p>There are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.</p>\n<p>Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”</p>\n<p>Last week, Amazon&nbsp;formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.</p>\n<p>The worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.</p>\n<p>The more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.</p>\n<p>Amazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.</p>\n<p>As for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.</p>\n<p>Even the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157317474","content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":154581413,"gmtCreate":1625534355332,"gmtModify":1703743154796,"author":{"id":"3571044771112848","authorId":"3571044771112848","authorIdStr":"3571044771112848","name":"ming22","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3571044771112848"},"htmlText":"[思考]&nbsp;time to change...","listText":"[思考]&nbsp;time to change...","text":"[思考] time to change...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/154581413","repostId":1157317474,"repostType":4,"repost":{"id":"1157317474","pubTimestamp":1625483857,"share":"https://ttm.financial/m/news/1157317474?lang=&edition=fundamental","pubTime":"2021-07-05 19:17","market":"us","language":"en","title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","media":"Barrons","summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","content":"<p>Amazon.com&nbsp;founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.</p>\n<p>As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)</p>\n<p>Amazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.</p>\n<p>AWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.</p>\n<p>Amazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.</p>\n<p>Despite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&amp;P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.</p>\n<p>The success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.</p>\n<p>The cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.</p>\n<p>There are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.</p>\n<p>Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”</p>\n<p>Last week, Amazon&nbsp;formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.</p>\n<p>The worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.</p>\n<p>The more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.</p>\n<p>Amazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.</p>\n<p>As for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.</p>\n<p>Even the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157317474","content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":154515673,"gmtCreate":1625534097592,"gmtModify":1703743145426,"author":{"id":"3585269828090771","authorId":"3585269828090771","authorIdStr":"3585269828090771","name":"CynthiaGho","avatar":"https://static.itradeup.com/news/f4e1adb658462550fca78ca358f2bf01","vip":1,"hat":"https://static.tigerbbs.com/63f4db5a25402cce463d975948213b15","crmLevel":2,"crmLevelSwitch":0,"idStr":"3585269828090771"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/154515673","repostId":1157317474,"repostType":4,"repost":{"id":"1157317474","pubTimestamp":1625483857,"share":"https://ttm.financial/m/news/1157317474?lang=&edition=fundamental","pubTime":"2021-07-05 19:17","market":"us","language":"en","title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","media":"Barrons","summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","content":"<p>Amazon.com&nbsp;founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.</p>\n<p>As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)</p>\n<p>Amazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.</p>\n<p>AWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.</p>\n<p>Amazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.</p>\n<p>Despite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&amp;P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.</p>\n<p>The success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.</p>\n<p>The cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.</p>\n<p>There are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.</p>\n<p>Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”</p>\n<p>Last week, Amazon&nbsp;formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.</p>\n<p>The worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.</p>\n<p>The more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.</p>\n<p>Amazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.</p>\n<p>As for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.</p>\n<p>Even the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157317474","content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":154595962,"gmtCreate":1625533074656,"gmtModify":1703743117335,"author":{"id":"3569971237956537","authorId":"3569971237956537","authorIdStr":"3569971237956537","name":"5D1T2","avatar":"https://static.tigerbbs.com/4337cbcb700e1df3423e15a36e4d89b2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3569971237956537"},"htmlText":"[噓]&nbsp;","listText":"[噓]&nbsp;","text":"[噓]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/154595962","repostId":1157317474,"repostType":4,"repost":{"id":"1157317474","pubTimestamp":1625483857,"share":"https://ttm.financial/m/news/1157317474?lang=&edition=fundamental","pubTime":"2021-07-05 19:17","market":"us","language":"en","title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","media":"Barrons","summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","content":"<p>Amazon.com&nbsp;founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.</p>\n<p>As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)</p>\n<p>Amazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.</p>\n<p>AWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.</p>\n<p>Amazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.</p>\n<p>Despite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&amp;P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.</p>\n<p>The success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.</p>\n<p>The cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.</p>\n<p>There are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.</p>\n<p>Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”</p>\n<p>Last week, Amazon&nbsp;formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.</p>\n<p>The worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.</p>\n<p>The more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.</p>\n<p>Amazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.</p>\n<p>As for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.</p>\n<p>Even the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157317474","content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":154599959,"gmtCreate":1625532791771,"gmtModify":1703743108978,"author":{"id":"3581840130059040","authorId":"3581840130059040","authorIdStr":"3581840130059040","name":"tungleh","avatar":"https://static.itradeup.com/news/e7cd8f0c265e9dabe49dea7b97ffe6b9","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":2,"crmLevelSwitch":1,"idStr":"3581840130059040"},"htmlText":"Is it&nbsp; because&nbsp;Jeff fear that he can't come back from space?&nbsp;[開心]&nbsp;","listText":"Is it&nbsp; because&nbsp;Jeff fear that he can't come back from space?&nbsp;[開心]&nbsp;","text":"Is it because Jeff fear that he can't come back from space? [開心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/154599959","repostId":1157317474,"repostType":4,"repost":{"id":"1157317474","pubTimestamp":1625483857,"share":"https://ttm.financial/m/news/1157317474?lang=&edition=fundamental","pubTime":"2021-07-05 19:17","market":"us","language":"en","title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","media":"Barrons","summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","content":"<p>Amazon.com&nbsp;founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.</p>\n<p>As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)</p>\n<p>Amazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.</p>\n<p>AWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.</p>\n<p>Amazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.</p>\n<p>Despite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&amp;P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.</p>\n<p>The success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.</p>\n<p>The cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.</p>\n<p>There are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.</p>\n<p>Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”</p>\n<p>Last week, Amazon&nbsp;formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.</p>\n<p>The worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.</p>\n<p>The more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.</p>\n<p>Amazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.</p>\n<p>As for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.</p>\n<p>Even the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157317474","content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5132095,"gmtCreate":1625534405497,"gmtModify":1663230569044,"authorId":3580034838470052,"author":{"id":3580034838470052,"authorId":3580034838470052,"name":"Newcomer007","avatar":"https://static.tigerbbs.com/72ffc8b15ab7b4af0760f48a0e342ba1","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":154599959,"type":1,"supId":0,"prevId":0,"content":"haha","text":"haha","html":"haha"}],"langContent":"CN"},{"id":154509287,"gmtCreate":1625532400949,"gmtModify":1703743095422,"author":{"id":"3574897713454581","authorId":"3574897713454581","authorIdStr":"3574897713454581","name":"JCai","avatar":"https://static.tigerbbs.com/a4408059854d4abfa5d3e8513d447a16","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3574897713454581"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/154509287","repostId":1157317474,"repostType":4,"repost":{"id":"1157317474","pubTimestamp":1625483857,"share":"https://ttm.financial/m/news/1157317474?lang=&edition=fundamental","pubTime":"2021-07-05 19:17","market":"us","language":"en","title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","media":"Barrons","summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","content":"<p>Amazon.com&nbsp;founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.</p>\n<p>As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)</p>\n<p>Amazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.</p>\n<p>AWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.</p>\n<p>Amazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.</p>\n<p>Despite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&amp;P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.</p>\n<p>The success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.</p>\n<p>The cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.</p>\n<p>There are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.</p>\n<p>Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”</p>\n<p>Last week, Amazon&nbsp;formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.</p>\n<p>The worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.</p>\n<p>The more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.</p>\n<p>Amazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.</p>\n<p>As for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.</p>\n<p>Even the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157317474","content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5131681,"gmtCreate":1625532711759,"gmtModify":1663230568139,"authorId":3581840130059040,"author":{"id":3581840130059040,"authorId":3581840130059040,"name":"tungleh","avatar":"https://static.itradeup.com/news/e7cd8f0c265e9dabe49dea7b97ffe6b9","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":154509287,"type":1,"supId":0,"prevId":0,"content":"<u>Done</u>","text":"<u>Done</u>","html":"<u>Done</u>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":1137,"commentSize":211,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}