Update from Amazon CEO Andy Jassy on Generative AI
Written by Andy Jassy, CEO of Amazon, and published today (17 June): (The message below was ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
FedEx should have a plan in its back pocket for a battle with Amazon in the future, according to a former FedEx manager. He said while Amazon was not ready to take on the integrator yet, there would come a time when it would be more of a competitor than a customer. Transport Topics also reports that a Yusen manager thinks Amazon is “going to stretch everyone to keep pace with them”.
Meanwhile, in China, another courier company has opted for a reverse listing in a bid to raise capital. Shanghai Yunda Express will list on the Shenzhen stock exchange in a $2.7bn deal.
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