New Era: Bezos Calls Up Jassy as Amazon CEO, Mark Cuban Speaks as Meme Stocks Cool, Upwork CEO Talks Purpose and Impact + More
The trading frenzy around GameStop, AMC and a few other stocks cooled this week, and that got me reflecting on what's really changing (or not) in the world of investing. Meanwhile, a Fortt Knox regular will be the next CEO of Amazon, and the CEO of a company that enables flexibility talks the future of work. So the theme of the week is New Era:
+
New CEO at Amazon: Sign of a Top? On the Other Hand
Does Jeff Bezos handing the CEO reins to Andy Jassy of signal a top for Amazon? I argued both sides in the latest edition of On the Other Hand:
+
Andy Jassy on How He and Jeff Bezos Learned to Work Together
In an interview with Jassy five years ago, I asked him about his growth at Amazon, and how his relationship with Bezos evolved:
+
My Message for Individual Investors During the Reddit Rally
We've seen this movie before: In a market that's reached historic highs, individual investors start piling into trendy stocks. This is what I had to say about it at the beginning of a wild week:
+
Is the Era of Fundamentals Over? Mark Cuban on the Reddit Rally
Entrepreneur and investor Mark Cuban had a somewhat different perspective when he joined me on CNBC this week. I cautioned that a company's fundamental performance still eventually matters to the stock price. He pushed back:
+
The New Way of Working: Upwork CEO Hayden Brown
Hayden Brown's parents moved the family to the foothills of the Himalayas for their non-profit work, where her mother helped local women pool money to start businesses. Her parents' efforts and worldview had a big impact on how she sees her mission as CEO of Upwork:
+
The Shoulders We Stand On: Black History Month
For Black History Month, CNBC has put together some short videos where we pay tribute to people who paved the way for us:
Now Available: The Black Experience in America: Lesson 16
Explore what happened after the Civil Rights Movement, and the work that lies ahead. At forttmedia.com. Sign up today!