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.
Intel (INTC) and Amazon Web Services (AWS) have announced a multi-year, multi-billion-dollar collaboration to produce custom chip designs. Intel will manufacture an AI fabric chip on Intel 18A and a custom Xeon 6 chip on Intel 3 for AWS. This expansion of their longstanding partnership aims to accelerate U.S.-based chip manufacturing and create a vibrant AI ecosystem in Ohio.
The collaboration underscores both companies' commitment to domestic semiconductor production. Intel reaffirms its plans for leading-edge manufacturing in New Albany, while AWS plans to invest $7.8 billion to expand its data center operations in Central Ohio. This builds on AWS's existing $10.3 billion investment in Ohio since 2015.
The partnership is expected to drive innovation, support business growth, and contribute to a sustainable domestic AI supply chain. Both companies will explore potential for further designs on Intel's advanced process nodes, including those to be produced in Intel's Ohio facilities.
Amazon Music Live (AML) is set to return for its third season, kicking off on October 17 with a performance by country music star Jelly Roll. The seven-episode series, sponsored by the all-new 2025 Nissan Kicks, will air after Thursday Night Football on Prime Video and the Amazon Music channel on Twitch at 9 p.m. PDT. The season will conclude with a finale after the Black Friday Football game on November 29.
AML has gained significant popularity since its 2022 launch, with Season Two viewership tripling compared to the first season. The series features chart-topping artists debuting new music live to millions of fans globally. Each show is uniquely crafted in collaboration with the artists, often including special guests and unexpected elements.
The National Football League (NFL) and Amazon Web Services (AWS) have extended their partnership, focusing on innovation through AI and machine learning. Key highlights include:
1. Introduction of a new AI-powered Next Gen Stat called Tackle Probability.
2. Implementation of generative AI tools at NFL Media to boost operational efficiency.
3. Continued development of the Digital Athlete tool for injury prevention and rule changes.
4. Enhancements to fan engagement through data-driven insights and personalized experiences.
5. Utilization of AWS for NFL Films' digital archive and NFL+ infrastructure.
This partnership aims to shape the future of football by leveraging advanced technologies across various aspects of the game and fan experience.
Amazon (NASDAQ:AMZN) has announced new exclusive discounts for Prime members shopping at Amazon Fresh, both in-store and online. The expanded savings program includes:
- Up to 50% off on 8-15 rotating weekly grocery favorites
- 25% off on 1,200+ rotating grocery items from top brands
- 10% off on 1,700+ products from Amazon private-label brands
Additionally, Amazon introduced Amazon Saver, a new private-label brand offering affordable grocery essentials, mostly priced under $5. The company has also enhanced its online shopping experience with a simplified storefront, intuitive shopping zones, and convenient features like repeat items and recurring reservations for pickup and delivery.
Central Japan Railway Company (JR Central) has chosen Amazon Web Services (AWS) to enhance operations for its Yamanashi Maglev Line, which will feature the world's fastest trains. JR Central is leveraging AWS's IoT, machine learning, and generative AI capabilities to improve track maintenance, predict equipment failures, and optimize worker deployment. The Super Conducting Maglev (SC Maglev) train, capable of speeds up to 500 km/h, will significantly reduce travel times between major cities. For instance, the Tokyo to Nagoya journey will be cut from 86 to 40 minutes.
JR Central is using Amazon SageMaker to build ML models for detecting equipment abnormalities and Amazon QuickSight for data visualization. The company plans to implement Amazon Bedrock for generating recommended actions based on equipment manuals and maintenance records. This collaboration aims to set new global standards for efficiency and safety in high-speed rail operations.
AWS has announced the general availability of AWS Parallel Computing Service, a managed service designed to simplify the setup and management of high performance computing (HPC) clusters on AWS. This service enables scientists and engineers to run scientific and engineering workloads at virtually any scale, accelerating innovation in areas like drug discovery, genomics, and weather applications.
Key features include:
- Easy cluster setup using Amazon EC2 instances
- Integration with Slurm, a popular open-source HPC workload manager
- Automatic scaling of simulations
- Reduced operational burden through managed service updates
The service is now available in multiple regions across the US, Europe, and Asia Pacific, with customers like Marvel Fusion, Maxar, RONIN, and The National Renewable Energy Laboratory already benefiting from its capabilities.
Amazon Web Services (AWS) has launched its Asia Pacific (Malaysia) Region, offering customers greater choice for running workloads and securely storing data in Malaysia. This expansion reflects AWS's long-term commitment to meeting high demand for cloud services in the region. AWS plans to invest more than $6.2 billion (approx. MYR 29.2 billion) and support an average of over 3,500 full-time equivalent jobs annually in Malaysia through 2038.
The new region consists of three Availability Zones, providing high availability and fault tolerance. It is expected to add approximately $12.1 billion (MYR 57.3 billion) to Malaysia's GDP. Active customers in Malaysia include Bursa Malaysia, CelcomDigi, GX Bank Berhad, PayNet, and PETRONAS, among others.
AWS continues to invest in upskilling Malaysia's workforce, having trained over 100,000 individuals in cloud skills since 2017. The company is also committed to sustainability, aiming for net-zero carbon across its operations by 2040 and water positivity by 2030.
Amazon Games and Glowmade have announced King of Meat, a co-op combat game coming to PlayStation 5, Xbox Series X|S, Steam, and Nintendo Switch. Set in the world of Loregok, players battle through ridiculous dungeons in a wild survival game show. The game features hacking, slashing gameplay for 1-4 players, with customizable characters and the ability to create and share custom dungeons.
King of Meat combines high fantasy with modern celebrity culture, offering players the chance to impress audiences with combat skills and showmanship. The game includes a variety of outlandish obstacles and enemies, from lava-filled rooms to exploding ducks. Players can also build their own dungeons using the same tools used to create the game's levels.
Fubo Sports Network, owned by FuboTV Inc. (NYSE: FUBO), has expanded its distribution in Canada through a partnership with Amazon's (NASDAQ: AMZN) Prime Video Channels. This marks the first time the sports network is available outside of Fubo's platform in Canada, making it accessible to Prime members nationwide. The network offers over 1,000 live events annually, including exclusive Premier League soccer matches and content from various sports leagues.
The collaboration aims to provide Canadian sports fans with premium content and exclusive live events. Fubo Sports Network's programming includes soccer, MMA, and partner content from leagues like Bare Knuckle Fighting Championship, The Professional Fighters League, and World Poker Tour.
Iberdrola, a leading clean energy company, has chosen AWS as its preferred cloud provider for generative AI workloads. The partnership aims to drive innovation and sustainability in the energy sector. Iberdrola will utilize AWS technologies like Amazon Bedrock and Amazon SageMaker to develop over 100 generative AI applications through their Center of Excellence.
These applications will enhance customer experiences, support employees, and improve business processes. Key initiatives include:
- A generative AI platform for workforce access to foundation models
- AI-powered legal document analysis
- AI assistants for field maintenance workers
- Voicebots for sales teams
- A next-generation data platform to optimize renewable energy assets
By leveraging AWS's generative AI capabilities, Iberdrola aims to streamline operations, personalize customer interactions, and drive the energy transition forward with smart grids and renewable energy solutions.
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