Latest news with #AndyJassy
Yahoo
an hour ago
- Business
- Yahoo
4 Artificial Intelligence Stocks (That Aren't Nvidia) You Can Buy and Hold for the Next Decade
Key Points Meta Platforms is leveraging its massive user base to develop and test new AI products, aiming to maintain its leadership in social media and capitalize on future growth. Amazon is well positioned to benefit from the AI boom through the dominance of AWS. Uber Technologies and Aurora Innovations are strategically positioned in the burgeoning autonomous vehicle market, each with its own approach. 10 stocks we like better than Amazon › While Nvidia is undoubtedly the dominant player in artificial intelligence (AI) and a smart investment, let's consider a few other companies that stand to gain enormously from the advent of AI. While these companies occupy different places in the AI ecosystem, they are all incredible businesses that are investments that will pay off over the long term. 1. META: Unrivaled engagement Meta Platforms' (NASDAQ: META) dominance in social media is unmatched. The company oversees several of the most-used apps in the world and commands the attention of over 3.4 billion daily active users worldwide. This already makes the company incredibly successful, pulling in nearly $165 billion last year in sales from which it made a profit of more than $62 billion. Not resting on its laurels, the company has been investing heavily in the future, especially in AI. This is where Meta's user base will give the company an edge. It has ready access to incredible amounts of data as well as a direct pipeline to consumers ready to deploy its AI products and test them in the real world. And Meta can afford to keep investing even if it takes time to see a true return on its investment. Even after spending just shy of $40 billion in capital expenditures (capex), the company still had free cash flow (FCF) last year of over $36 billion. 2. AMZN: Cloud dominance Amazon's (NASDAQ: AMZN) bread and butter, e-commerce, remains an absolute juggernaut incredibly difficult to displace. Amazon has built incredible brand loyalty, and the cost to try to replicate the back end makes it essentially a non-starter for a new entrant. The company's Amazon Web Service (AWS) is the most dominant cloud provider in the world, and with the influx of cash from companies racing to build more and more powerful AI models, it's growing rapidly. AWS revenue jumped 17% year over year in the first quarter of 2025. Speaking of the scale of the opportunity, CEO Andy Jassy recently drove home just how big he thought it could be, saying: "Before this generation of AI, we thought AWS had the chance to ultimately be a multi-hundred billion dollar revenue run rate business. We now think it could be even larger." 3. AUR: Robotrucking leader While a ton of focus has been on consumer-facing autonomous driving, autonomous trucking is a market with massive potential. Trucking is a massive industry, and labor costs involved in trucking are high; there is an obvious cost benefit for trucking companies to implement autonomous technology. Aurora Innovations (NASDAQ: AUR) is a leader in the space. It's proven its technology works, it is well capitalized, and it has major relationships with important partners. Yes, this is a pre-revenue company and more risky than the others on this list, and with a market capitalization of nearly $10 billion, the stock is not cheap. I think it's justified, however, when you consider the potential of future revenues; a recent McKinsey analysis estimates the global market will be worth north of $600 billion by 2035. 4. UBER: Gateway to robotaxis Uber Technologies (NYSE: UBER) is positioning itself to succeed in the robotaxi market despite not developing its own autonomous technology (it sold that to Aurora in 2020). Where other companies are focusing on building their own vehicles and autonomous technology, Uber is taking another approach. Rather than attempting to develop its own technology or building its own fleet from the ground up, the company is forging partnerships with those who are. Opting to focus on connecting the robotaxis to its vast consumer base is a smart place to be, in my view. For one, it is much less capital intensive, and two, Uber stands to gain no matter what company wins the robotaxi race. If any of its partners' autonomous driving systems prove successful and scalable, Uber is poised to benefit by providing the crucial connection between that technology and the end user. Should you invest $1,000 in Amazon right now? Before you buy stock in Amazon, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Amazon wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $633,452!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,083,392!* Now, it's worth noting Stock Advisor's total average return is 1,046% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon, Meta Platforms, Nvidia, and Uber Technologies. The Motley Fool has a disclosure policy. 4 Artificial Intelligence Stocks (That Aren't Nvidia) You Can Buy and Hold for the Next Decade was originally published by The Motley Fool Sign in to access your portfolio
Globe and Mail
2 hours ago
- Business
- Globe and Mail
4 Artificial Intelligence Stocks (That Aren't Nvidia) You Can Buy and Hold for the Next Decade
Key Points Meta Platforms is leveraging its massive user base to develop and test new AI products, aiming to maintain its leadership in social media and capitalize on future growth. Amazon is well positioned to benefit from the AI boom through the dominance of AWS. Uber Technologies and Aurora Innovations are strategically positioned in the burgeoning autonomous vehicle market, each with its own approach. 10 stocks we like better than Amazon › While Nvidia is undoubtedly the dominant player in artificial intelligence (AI) and a smart investment, let's consider a few other companies that stand to gain enormously from the advent of AI. While these companies occupy different places in the AI ecosystem, they are all incredible businesses that are investments that will pay off over the long term. 1. META: Unrivaled engagement Meta Platforms ' (NASDAQ: META) dominance in social media is unmatched. The company oversees several of the most-used apps in the world and commands the attention of over 3.4 billion daily active users worldwide. This already makes the company incredibly successful, pulling in nearly $165 billion last year in sales from which it made a profit of more than $62 billion. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Not resting on its laurels, the company has been investing heavily in the future, especially in AI. This is where Meta's user base will give the company an edge. It has ready access to incredible amounts of data as well as a direct pipeline to consumers ready to deploy its AI products and test them in the real world. And Meta can afford to keep investing even if it takes time to see a true return on its investment. Even after spending just shy of $40 billion in capital expenditures (capex), the company still had free cash flow (FCF) last year of over $36 billion. 2. AMZN: Cloud dominance Amazon 's (NASDAQ: AMZN) bread and butter, e-commerce, remains an absolute juggernaut incredibly difficult to displace. Amazon has built incredible brand loyalty, and the cost to try to replicate the back end makes it essentially a non-starter for a new entrant. The company's Amazon Web Service (AWS) is the most dominant cloud provider in the world, and with the influx of cash from companies racing to build more and more powerful AI models, it's growing rapidly. AWS revenue jumped 17% year over year in the first quarter of 2025. Speaking of the scale of the opportunity, CEO Andy Jassy recently drove home just how big he thought it could be, saying: "Before this generation of AI, we thought AWS had the chance to ultimately be a multi-hundred billion dollar revenue run rate business. We now think it could be even larger." 3. AUR: Robotrucking leader While a ton of focus has been on consumer-facing autonomous driving, autonomous trucking is a market with massive potential. Trucking is a massive industry, and labor costs involved in trucking are high; there is an obvious cost benefit for trucking companies to implement autonomous technology. Aurora Innovations (NASDAQ: AUR) is a leader in the space. It's proven its technology works, it is well capitalized, and it has major relationships with important partners. Yes, this is a pre-revenue company and more risky than the others on this list, and with a market capitalization of nearly $10 billion, the stock is not cheap. I think it's justified, however, when you consider the potential of future revenues; a recent McKinsey analysis estimates the global market will be worth north of $600 billion by 2035. 4. UBER: Gateway to robotaxis Uber Technologies (NYSE: UBER) is positioning itself to succeed in the robotaxi market despite not developing its own autonomous technology (it sold that to Aurora in 2020). Where other companies are focusing on building their own vehicles and autonomous technology, Uber is taking another approach. Rather than attempting to develop its own technology or building its own fleet from the ground up, the company is forging partnerships with those who are. Opting to focus on connecting the robotaxis to its vast consumer base is a smart place to be, in my view. For one, it is much less capital intensive, and two, Uber stands to gain no matter what company wins the robotaxi race. If any of its partners' autonomous driving systems prove successful and scalable, Uber is poised to benefit by providing the crucial connection between that technology and the end user. Should you invest $1,000 in Amazon right now? Before you buy stock in Amazon, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Amazon wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $633,452!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,083,392!* Now, it's worth noting Stock Advisor's total average return is 1,046% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025
News18
2 days ago
- Business
- News18
TCS Enters The Tech Layoff Wave With Microsoft, Intel – AI Or Attrition To Blame?
Last Updated: The global tech industry is undergoing a massive shake-up. In just the first half of 2025, over 94,000 tech workers have lost their jobs Tech Job Cuts 2025: The global tech industry is undergoing a massive shake-up. In just the first half of 2025, over 94,000 tech workers worldwide have lost their jobs, averaging about 507 roles eliminated per day, according to multiple reports. From Microsoft and Intel to Meta and TCS, companies are announcing large-scale layoffs as they adapt to an AI-first, leaner future. AI: The Convenient Culprit? Artificial intelligence is at the center of this narrative. Executives such as Amazon CEO Andy Jassy have acknowledged that AI efficiencies will inevitably lead to a leaner workforce. Others, however, push back on the notion that AI alone is driving job cuts. For instance, TCS CEO K Krithivasan recently told Moneycontrol that the company's plan to cut 12,000 jobs — about 2% of its global headcount — is not because of AI productivity gains. Instead, he attributed the move to skill mismatches and limited deployment feasibility, especially among middle and senior-level employees. 'This is not because of AI giving some 20 percent productivity gains. We are not doing that," Krithivasan said, adding that the layoffs were part of a broader transformation to make TCS a 'future-ready organisation." Despite upskilling over 550,000 employees in AI and emerging tech, not all staff could transition effectively into TCS's evolving operating model. Many were trained in legacy systems and found it difficult to align with product-led, agile structures. Even as Microsoft hit record highs in the stock market, it has laid off over 15,000 employees so far this year. The cuts were primarily focused on non-technical roles like sales and regional support. CEO Satya Nadella, in a memo cited by The Economic Times, explained that the company must 'align with long-term strategic goals" centered around AI, cloud, and enterprise tools. Microsoft is reportedly encouraging all employees to integrate Copilot AI tools into daily workflows and is revamping performance metrics to include AI usage. Traditional sales roles are being replaced with 'solution engineers", trained in technical demos and AI implementation. Intel: Up to 24,000 Jobs Slashed Intel is also reducing its workforce drastically — cutting up to 24,000 jobs or nearly 25% of its global staff. New CEO Lip-Bu Tan admitted on an earnings call that the company had overestimated demand and that automation had become necessary to boost efficiency. Intel is also halting new projects in Germany and Poland and relocating operations from Costa Rica to Vietnam, impacting an additional 2,000 roles. While many firms are vague about AI's role in workforce reductions, a few are more transparent. IBM revealed that 200 HR jobs were replaced by AI tools, while Klarna CEO Sebastian Siemiatkowski told CNBC that the company shrank from 5,000 to 3,000 employees after adopting AI systems. Meta also reduced its workforce by 5% earlier in 2025, citing increased automation as a key driver. The company's Reality Labs division, which works on AR/VR technologies, was among the most impacted. Meanwhile, Panasonic announced 10,000 global layoffs, attributing the decision to a strategic shift toward AI-powered product development. Some analysts argue that AI is being used as a convenient scapegoat for broader cost-cutting and restructuring strategies. Jason Leverant, President of AtWork Group told CNBC, 'Firms laying off as they adopt large-scale AI is too coincidental to ignore." Christine Inge, a workforce strategist at Harvard, added, 'Being direct about AI displacement provokes backlash from employees and regulators. Remaining vague helps control optics during transition." She noted that while AI is accelerating the shift, economic slowdown, changing client expectations, and skills gaps are just as responsible. 'Job losses will be extremely large. The only thing we can do as individuals is adapt," Inge told CNBC. Not Just AI – But AI Is a Catalyst Whether it's TCS, Microsoft, or Intel, the layoffs of 2025 are clearly part of a deeper transformation. AI is undeniably a catalyst — streamlining operations, reducing redundancy, and reshaping business models — but it's not the sole cause. Instead, a mix of automation, cost pressures, macro uncertainty, and the need for organizational agility is driving the global wave of tech layoffs. Location : New Delhi, India, India First Published: July 28, 2025, 12:09 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Business Insider
3 days ago
- Business
- Business Insider
It's a tough time to be a middle manager as layoffs and increased responsibilities bite. BI wants to hear from you.
Middle managers are facing layoffs, and those who remain are taking on extra work. BI wants to talk to middle managers about their experience at work or job hunting. Share your experience by filling out a quick form. Middle managers are the talk of corporate America lately — and Business Insider wants to hear about it. Tech giants like Google and Microsoft, alongside major retailers like Walmart, are looking for ways to cut costs and streamline bureaucracy. Enter, the Great Flattening: A widespread wipeout of mid-career jobs. Laid-off managers are pushed into a rocky job market, and those who remain employed are left with an increasing number of direct reports. Millennials and Gen X, who hold most of the US' managerial roles, are most impacted. Check out BI's stories about middle managers: Middle managers, beware: The Great Flattening has moved beyond Big Tech Millennials, it's a good time to take a break from your manager era The middle manager squeeze at Microsoft has been a career opportunity for me Frustrated job seekers are giving up on their dream roles: 'I'll take almost anything' I'm a 53-year-old middle manager who can't find a job. This market is a black hole. Job searching in 2025? It's a mess no matter how old you are. Amazon CEO Andy Jassy told employees in June he plans to shrink the company's white-collar workforce, citing "efficiency gains." After a round of layoffs, Dell told BI in March that "Through an ongoing series of actions, we are becoming a leaner company," which will include combining some teams. And, alongside a bout of Meta layoffs in 2023, CEO Mark Zuckerberg said that " flatter is faster." "I don't think you want a management structure that's just managers managing managers, managing managers, managing managers, managing the people who are doing the work," he said. If you are a middle manager — or you report to a middle manager — and are comfortable being interviewed for future reporting, please fill out this quick Google form. BI will contact you if we are interested in your story. If you can't see the survey, fill it out here or reach out to this reporter securely via Signal at alliekelly.10.
Yahoo
3 days ago
- Business
- Yahoo
Amazon.com, Inc. (AMZN)'s CEO Says Tariffs Haven't Hurt Company, Says Jim Cramer
We recently published . Inc. (NASDAQ:AMZN) is one of the stocks Jim Cramer recently discussed. Inc. (NASDAQ:AMZN) is another stock that Cramer frequently discusses on his morning show. On several occasions, he has shared optimism about the firm's Alexa Pro service and also remarked on share price levels. One major aspect about Inc. (NASDAQ:AMZN) that Cramer has highlighted multiple times is how the firm's dominance in the retail industry means that consumer goods companies have to work with it no matter what the circumstances are. The debate around the retailer has shifted more recently to prices and inflation. According to Cramer, Inc. (NASDAQ:AMZN) CEO Andy Jassy hasn't seen an impact from tariffs on the firm's prices yet: 'Right well, I do think that, you know it's gonna be inflationary and that's what Powell's worried about. But, Andy Jassy said so far the tariffs haven't hurt Amazon.' Previously, the CNBC TV host discussed a WSJ article claiming that Inc. (NASDAQ:AMZN) had increased prices: '[On WSJ piece saying they'll keep prices low but raising them instead]Look I think that Amazon is an overall piece and I don't know how much that includes Prime, where the prices were incredibly low. Amazon's assured me that that story, didn't say it's this story exactly, but anybody who thinks that the prices are up, will take a look at Prime and think that's not true.' While we acknowledge the potential of AMZN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
