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Amazon CEO Jassy Reveals What's Kept Him At The Tech Giant For Nearly 3 Decade: Here's How AMZN Stock Has Done Since He Replaced Bezos - Amazon.com (NASDAQ:AMZN)

1. CEO Andy Jassy reinforces Amazon's relentless customer focus and innovation culture. 2. Amazon's 2024 revenue reached $638 billion, with an 11% growth year-over-year. 3. Operating income improved by 86%, yielding a 10.8% operating margin. 4. Since Jassy took over, AMZN stock has dropped 6.8%, underperforming the S&P 500. 5. Jassy likens Amazon to 'the world's largest startup', emphasizing speed and innovation.

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FAQ

Why Bullish?

Jassy's focus on innovation and strong revenue growth suggest future potential. Similar previous instances like the investment in AWS led to substantial long-term stock gains.

How important is it?

The article highlights strategic insights regarding Amazon under Jassy's leadership, which could influence investor perception and decisions profoundly.

Why Long Term?

Jassy's commitment and the ongoing growth strategy could lead to improved stock performance over time. Historical trends show that companies successfully implementing innovation tend to experience long-term stock appreciation.

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