Amazon Com - AMZN STOCK NEWS

Philips has selected AWS as its preferred cloud provider to enhance its healthcare informatics solutions globally. Over the past 12 months, Philips has supported 34 million patient exams in the cloud and manages 134 petabytes of data, including 11 billion medical images, with plans to scale to one exabyte by 2030.

Key achievements include deploying solutions across 200+ healthcare sites globally, reducing infrastructure costs by 36%, and connecting 1.3 million IoT devices to the cloud. Philips launched the Tasy EMR AI Virtual Assistant powered by Amazon Bedrock for automated patient data capture and is exploring generative AI capabilities to address healthcare staff shortages.

The partnership aims to accelerate healthcare digital transformation through AI-enabled workflows in radiology, digital pathology, cardiology, and advanced visualization solutions.

Amazon (NASDAQ: AMZN) announced the expansion of Buy with Prime to all products on Gabb.com, a provider of safe tech for kids. The service, which launched in 2022, allows Prime members to shop directly from brands' online stores using their Prime benefits, including fast, free delivery and easy returns.

After initial success with select Gabb accessories in 2023, the integration now covers Gabb's entire product line of kid-safe watches, phones, and accessories. The implementation uses Buy with Prime API, enabling Gabb to maintain brand control while leveraging Amazon's fulfillment network.

Buy with Prime has demonstrated significant business impact, showing an average 16% increase in revenue per shopper. The service has strong customer retention, with 50% of Prime members more likely to make repeat purchases and 95% of users likely to use it again. Notable brands using the service include Fossil, Steve Madden, Belkin, and others across various retail categories.

Pearson (PSO) and Amazon Web Services (AWS) have announced an expanded collaboration to deliver AI-powered learning solutions globally. The partnership aims to enhance learning experiences through cloud and AI tools, addressing the $1.1 trillion annual cost of inefficient career transitions and learning gaps in the U.S. economy.

Building on their 13-year relationship, AWS will serve as Pearson's strategic AI and cloud provider, focusing on improving higher education products. The collaboration includes:

• Increased use of AWS cloud infrastructure and Amazon Bedrock for enhanced learning experiences
• AI-powered lesson generation and assessments
• Expansion of AWS certification delivery through Pearson VUE
• Development of transformative learning solutions in clinical assessments, enterprise learning, and English Language Learning

The partnership leverages AWS's global scale and AI capabilities to create personalized, accessible learning experiences, supporting Pearson's commitment to accelerate AI integration across its products and strengthen its enterprise learning market presence.

Amazon (AMZN) has announced the expansion of its Buy with Prime service to include adidas.com and the adidas app, launching in Spring 2025. This integration will allow U.S. Prime members to shop directly on adidas platforms while enjoying Prime benefits, including fast, free delivery, easy returns, and 24/7 support.

The service enables shoppers to verify their Prime membership during checkout and use adidas' payment options, with Amazon handling fulfillment of Prime-eligible items. Buy with Prime has demonstrated success with merchants, showing an average 16% increase in revenue per shopper. The service has also proven effective for customer retention, with 50% of Prime members more likely to make repeat purchases and 95% of users indicating likely continued usage.

Notable brands already using Buy with Prime include Laura Mercier, Steve Madden, Belkin, and others across various categories including Health & Wellness, Beauty & Grooming, and Apparel & Accessories.

Amazon (NASDAQ: AMZN) announced the expansion of eero's Wi-Fi 7 portfolio with two new products: the eero 7 and eero Pro 7. The eero 7, priced from $169.99, is their most affordable Wi-Fi 7 router, offering speeds up to 1.8 Gbps wireless and 2.3 Gbps wired, with coverage up to 2,000 square feet per unit.

The premium eero Pro 7, starting at $299.99, delivers enhanced performance with tri-band support and speeds up to 3.9 Gbps wireless and 4.7 Gbps wired. It can handle hundreds of devices and covers up to 2,000 square feet per unit. Both products feature TrueMesh technology, WPA3 security, and act as smart home hubs for Matter, Thread, and Zigbee devices.

The products will be available from February 26 in the US, UK, Italy, France, Germany, and Spain, with launches in Canada on March 26 and later in Australia and Japan.

Amazon (AMZN) reported strong Q4 2024 financial results with net sales increasing 10% to $187.8 billion. Operating income surged to $21.2 billion, up from $13.2 billion in Q4 2023. Net income doubled to $20.0 billion ($1.86 per share) from $10.6 billion ($1.00 per share) year-over-year.

Key segment performance showed North America sales up 10% to $115.6 billion, International sales growing 8% to $43.4 billion, and AWS sales increasing 19% to $28.8 billion. For full-year 2024, net sales grew 11% to $638.0 billion, with net income reaching $59.2 billion ($5.53 per share).

Operating cash flow increased 36% to $115.9 billion, while free cash flow rose to $38.2 billion. The company achieved record-breaking Black Friday Week sales and delivered at its fastest speeds ever for Prime members in 2024.

Amazon Web Services (AWS) and Booz Allen Hamilton (BAH) announced an expanded strategic partnership to enhance technology solutions for U.S. federal agencies. The collaboration aims to develop and market ready-made enterprise-level digital solutions in areas including cloud migration, cybersecurity, and generative AI.

The partnership will combine Booz Allen's technical expertise with AWS's cloud services to provide end-to-end capabilities for essential missions, from enhancing national security to modernizing IT infrastructure. Customers will have access to AWS Migration Acceleration Program benefits, including free proof-of-concept trials and AWS credits.

The companies have already demonstrated success through their work with U.S. Army Japan, providing end-to-end encryption of warfighter data using AWS Shield and Cloud Edge Global Access. Booz Allen, recently named AWS's Federal Government Partner of the Year, is the leading provider of AI and cybersecurity to the U.S. federal government.

Amazon (NASDAQ: AMZN) has announced it will host a conference call to discuss its fourth quarter 2024 financial results on Thursday, February 6, 2025, at 2:00 p.m. PT/5:00 p.m. ET. The event will be accessible via webcast, with both audio and presentation slides remaining available for a minimum of three months afterward on the company's investor relations website at www.amazon.com/ir.

Steel Dynamics (STLD) reported its fourth quarter and annual 2024 results, achieving net sales of $17.5 billion, operating income of $1.9 billion, and net income of $1.5 billion. The company reached its second-highest steel shipments at 12.7 million tons and generated adjusted EBITDA of $2.5 billion with cash flow from operations of $1.8 billion.

Fourth quarter 2024 performance showed net sales of $3.9 billion and net income of $207 million ($1.36 per diluted share), down from Q3 2024's $318 million ($2.05 per share) and Q4 2023's $424 million ($2.61 per share). The company maintained strong liquidity of $2.2 billion and completed share repurchases worth $1.2 billion, representing 6% of outstanding shares.

Notable developments include the successful launch of four new value-added flat rolled steel coating lines in early 2024 and the first aluminum casting at their Columbus facility in January 2025. The company expects positive market dynamics in 2025, supported by stable steel pricing and steady customer demand.