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OverviewAPI
Amazon's stock sees a 15% surge in 2024 under CEO Andy Jassy, boosted by enhanced profitability and revenue growth. Q1 earnings reveal mixed results with strong sales and profitability but below-forecast revenue guidance. The emphasis on generative AI for growth is underscored, as Amazon's cash position rises to $73.9 billion, yet the company prioritizes growth initiatives over dividends or stock buybacks.

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