Welcome to our dedicated page for Amazon Com news (Ticker: AMZN), a resource for investors and traders seeking the latest updates and insights on Amazon Com stock.
Amazon.com, Inc. (NASDAQ: AMZN) is a leading multinational technology company based in the United States, renowned for its expansive e-commerce platform, robust cloud computing services, advanced artificial intelligence capabilities, digital streaming services, and online advertising. Founded in 1994 by Jeff Bezos, Amazon has grown into the world’s largest online retailer and marketplace for third-party sellers, with retail-related revenue contributing approximately 75% of its total income. International sales, particularly from Germany, the United Kingdom, and Japan, make up 25% to 30% of non-AWS sales.
Amazon Web Services (AWS), a pivotal segment contributing around 15% to its revenue, provides cloud computing, storage, and database solutions, and is integral to numerous enterprise operations worldwide. AWS has recently announced several innovative capabilities, including the addition of new models and features to Amazon Bedrock, enhancing generative AI applications. Amazon also extends its focus on artificial intelligence with the launch of Amazon Q Developer and Business, aimed at improving coding accuracy and leveraging enterprise data, respectively.
In e-commerce, Amazon continuously innovates to improve customer experience, such as its recently introduced grocery delivery subscription for Prime members, which offers unlimited grocery deliveries from Amazon Fresh, Whole Foods Market, and other local stores. The company also recently announced a significant partnership extension with Whole Foods Market, ensuring a continued supply chain relationship through 2032. Additionally, Amazon has expanded its entertainment footprint, offering a broad range of original content through Amazon Studios and streaming exclusive sports events on Prime Video.
The company’s commitment to operational excellence is reflected in its latest financial results for Q1 2024, with net sales increasing by 13% year-over-year to $143.3 billion and operating income reaching $15.3 billion, significantly up from $4.8 billion in the previous year. Amazon’s strategic investments in infrastructure, such as new AWS regions and data centers, further underscore its dedication to growth and innovation. Guided by principles like customer obsession and long-term thinking, Amazon continuously seeks to enhance its diverse portfolio of products and services to meet evolving customer needs globally.
Amazon Web Services (AWS), a subsidiary of Amazon (NASDAQ: AMZN), has enhanced its GuardDuty threat detection service with three new capabilities aimed at bolstering customer security. These features expand coverage to container runtime behavior and database/serverless environments, helping organizations protect against modern cybersecurity threats.
The new functionalities include:
- EKS Runtime Monitoring: Provides security monitoring for containerized workloads.
- RDS Protection: Secures data in Amazon Aurora databases.
- Lambda Protection: Detects threats in serverless applications.
Since its launch in 2017, GuardDuty has introduced over 100 threat detection capabilities, leveraging advanced machine learning and integrated threat intelligence.
Amazon has launched the Anti-Counterfeiting Exchange (ACX), an industry collaboration aimed at enhancing online shopping safety by combating counterfeit goods. This initiative allows participating retailers to share information about confirmed counterfeiters, significantly improving the speed at which they can identify and neutralize threats.
ACX leverages anonymized data sharing, ensuring that once a counterfeiter is identified by one store, all participating stores can take immediate action. So far, hundreds of accounts linked to counterfeiters have been detected.
Amazon calls on other retailers and marketplace service providers to join this collaboration to strengthen efforts against counterfeiters, ultimately providing a safer shopping environment for consumers.
Amazon.com, Inc. (NASDAQ: AMZN) has announced a conference call scheduled for April 27, 2023, at 2:30 p.m. PT / 5:30 p.m. ET to discuss its first quarter 2023 financial results. The conference call will be available via live webcast, with audio and presentation slides accessible for at least three months post-event on www.amazon.com/ir. This event will provide crucial insights into Amazon's financial performance, offering shareholders and investors a valuable opportunity to gauge the company's growth and operational status during the first quarter.
Amazon Web Services (AWS), a subsidiary of Amazon.com (NASDAQ: AMZN), has been selected by Experian (LON: EXPN) as its preferred cloud provider for a multiyear IT modernization initiative. This partnership involves migrating Experian's core business operations and services to AWS, enhancing IT security, reducing costs, and speeding up the time to market for new products. Joe Manna, Global Technology President at Experian, emphasized the aim to simplify and enhance financial services using AWS's advanced capabilities for data-driven decision-making. The collaboration aims to improve consumer financial health and service offerings by leveraging AWS's secure infrastructure and machine learning tools.
Amazon has released its third annual Brand Protection Report, showcasing significant advancements in combating counterfeiting. In 2022, the company halted over 800,000 attempts to create fraudulent seller accounts, a reduction from 2.5 million in 2021. Additionally, it identified and disposed of over six million counterfeit products, with more than 1,300 criminal referrals made in the U.S., UK, EU, and China. The report emphasizes Amazon's focus on robust technology and partnerships to enhance buyer safety and brand integrity.
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