Already a subscriber?For years, Amazon has been the stingiest among tech megacaps to give back capital to shareholders. Now, it’s generating so much cash that some on Wall Street are anticipating more generous returns.
With Big Tech acquisitions increasingly facing regulatory opposition, Amazon has fewer options on how it chooses to deploy that cash, according to Robert Schiffman, a senior credit analyst at Bloomberg Intelligence. Amazon, by contrast, didn’t buy back any shares in 2023. A change in its capital-return policy would signal a shift as the company evolves under chief executive officer Andy Jassy, who took the reins from co-founder Jeff Bezos in 2021.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NFL megastar Dak Prescott at the centre of a $150 million extortion plotOne of the world&x27;s richest athletes has used the courts to fire back over allegations of sexual abuse.
Source: 9NewsAUS - 🏆 10. / 72 Read more »
Keeping the lights on at Eraring could cost taxpayers $150 million a yearThe Minns government has so far not disclosed the terms of its negotiations with Origin Energy ahead of a likely extension beyond 2025.
Source: smh - 🏆 6. / 80 Read more »
Grand Prix Melbourne 2024 LIVE updates: Race day arrives and the excitement growsJoin us for live coverage of the 2024 Formula 1 race from Melbourne’s inner-city Albert Park street circuit.
Source: theage - 🏆 8. / 77 Read more »
Grand Prix Melbourne 2024 LIVE updates: Race day arrives and the excitement growsJoin us for live coverage of the 2024 Formula 1 race from Melbourne’s inner-city Albert Park street circuit.
Source: brisbanetimes - 🏆 13. / 67 Read more »
Grand Prix Melbourne 2024 LIVE updates: Race day arrives and the excitement growsJoin us for live coverage of the 2024 Formula 1 race from Melbourne’s inner-city Albert Park street circuit.
Source: smh - 🏆 6. / 80 Read more »
Splendour in the Grass 2024 music festival cancelled days after tickets go on sale7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Source: 7NewsAustralia - 🏆 11. / 71 Read more »