Amazon CEO Andy Jassy: Consumers are still spending but careful on how much with each product
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Amazon CEO Andy Jassy discusses consumer spending patterns, noting that while consumers are still spending, they are more cautious about the amount spent on each product. The conversation also covers Amazon's new AI-powered Alexa and its integration into the business.
February 26, 2025 | 7:30 pm
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Amazon CEO Andy Jassy highlights that consumers are still spending but are more cautious about their spending per product. He also discusses the new AI-powered Alexa and its business integration.
The cautious consumer spending could indicate a neutral impact on Amazon's short-term revenue, as spending is still ongoing but with more scrutiny. The introduction of AI-powered Alexa could enhance product offerings, but its immediate impact on stock price is uncertain.
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