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.
The AMZN news page on Stock Titan aggregates official announcements and media coverage related to Amazon.com, Inc. across its retail, cloud, and services businesses. Amazon operates in the electronic shopping and mail-order houses industry, and its disclosures highlight multiple revenue streams, including retail activities, Amazon Web Services (AWS), and advertising services. News about AMZN often spans consumer offerings, enterprise technology, and partnerships with other organizations.
Recent items illustrate the breadth of Amazon-related developments. AWS has announced the AWS European Sovereign Cloud, an independent cloud environment located entirely within the European Union and designed to address digital sovereignty and data residency requirements for European governments and enterprises. Additional AWS news includes the introduction of Amazon EC2 M9g instances powered by the Graviton5 chip and collaborations with companies such as Zilliz and AUMOVIO on AI, vector databases, and autonomous driving workloads.
On the consumer and services side, Amazon Pharmacy has reported expanded access to medications like the Wegovy pill for weight management, offering insurance and cash-pay options with home delivery. Ring, described as an Amazon company, has introduced Fire Watch in the Ring app to provide real-time information during wildfire events. IMDb, also identified as an Amazon company, regularly publishes rankings of anticipated and popular movies, series, and stars based on user page views.
Investors and observers following AMZN news can use this page to review updates on AWS infrastructure, new technology offerings, business collaborations, retail and pharmacy services, and initiatives involving Whole Foods Market and Amazon Business. Bookmark this feed to monitor how Amazon’s activities in e-commerce, cloud computing, AI, and digital services are reflected in its ongoing public announcements.
Snowflake (NYSE: SNOW) and Amazon Web Services (NASDAQ: AMZN) announce a multi-year expansion of their partnership focusing on enhanced sales collaboration and industry-specific solutions. With over 6,000 joint customers, including Goldman Sachs, the two companies aim to drive customer-focused innovation across various sectors.
Approximately 84% of Snowflake's customers utilize AWS for their deployments. The partnership emphasizes developing tailored industry solutions, deepening product integrations, increasing sales efforts, and expanding marketing strategies to improve customer experiences and accelerate business growth.
The latest ReFrame Report reveals that 29 of the 100 most popular films in 2022 met the ReFrame Stamp criteria for gender-balanced production. Despite a 125% increase in hiring levels for women between 2017-2019, progress has stagnated since, with no increase in women directors or writers since 2021. Notably, only 14% of directors were women, and just 2% of directors were women of color in 2022. The report highlights that production budgets significantly influenced the success rate of receiving the Stamp, with 42% of films in the $15-25 million range qualifying. Major studios continue to show varying levels of commitment to equitable hiring, with Sony leading at 50% success rate.
Jonathan Majors, known for his roles in Ant-Man and the Wasp: Quantumania and Creed III, has received the IMDb “Fan Favorite” STARmeter Award based on data from over 200 million monthly IMDb visitors. This recognition aligns with IMDb's celebration of Black History Month, which features exclusive content showcasing Black talent. Majors' recent performance in Ant-Man and the Wasp: Quantumania has elevated him to the #13 spot on the STARmeter chart. IMDb's COO, Nikki Santoro, acknowledged Majors' impactful performances and the site’s commitment to honoring diverse talent. The STARmeter Awards spotlight notable actors, and previous winners include high-profile figures such as Jennifer Connelly and Denzel Washington.
Amazon (NASDAQ: AMZN) has completed its acquisition of One Medical (NASDAQ: ONEM), aimed at enhancing healthcare access and experiences. With this partnership, One Medical offers new U.S. customers a discounted membership for $144 for the first year, down from $199. The One Medical model provides 24/7 virtual care, on-site labs, and personalized health services. Amazon's commitment is to improve healthcare delivery by leveraging One Medical's technology and human-centered approach. This integration aims to simplify patient experiences and expand healthcare accessibility for more individuals across the U.S.
Amazon Games has partnered with NCSOFT to publish the highly anticipated massively multiplayer online game THRONE AND LIBERTY across North America, South America, Europe, and Japan. The game will be available on PC, PlayStation 5, and Xbox Series X|S, featuring cross-platform play. Christoph Hartmann, VP of Amazon Games, highlighted the company’s commitment to delivering high-quality, live-service games. THRONE AND LIBERTY is set to offer dynamic gameplay with environmental shifts affecting combat scenarios, building upon Amazon’s momentum following successful titles like New World and Lost Ark.
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Zappos.com has announced a partnership with the Savannah Bananas, becoming the official title and exclusive footwear partner for the 2023 Banana Ball World Tour, which starts on February 17, 2023. This collaboration marks Zappos' first venture into a sports partnership, aiming to merge fashion and sports culture. Fans can anticipate exciting game experiences and Zappos' favorite footwear brands, including Brooks, for the Bananas Dance Squad. The tour runs until September 26, 2023, with pop-up activations expected in select cities. Both brands emphasize customer engagement and fun in this innovative partnership.
S&P Global (NYSE: SPGI) and Amazon Web Services (AWS, NASDAQ: AMZN) have entered a multi-year strategic collaboration to enhance cloud infrastructure and accelerate growth. The partnership aims to extend advanced, secure cloud services to over 100,000 customers across 43 countries. By 2025, S&P Global plans to migrate its Capital IQ and core data platforms to AWS, enhancing data availability and efficiency. This collaboration will leverage AWS's technology to develop new capabilities in analytics and insights, addressing challenges in various sectors, including climate and sustainability.
S&P Global and Amazon Web Services (AWS) have announced a new multi-year strategic collaboration to enhance cloud infrastructure and accelerate business growth. Under this agreement, AWS will be S&P Global's preferred cloud provider, facilitating improved service delivery for over 100,000 customers across 43 countries. S&P Global plans to migrate its Capital IQ and core data platforms to AWS by 2025. This collaboration aims to leverage advanced analytics, artificial intelligence, and machine learning to deliver insights and risk assessments, improving operational efficiency and enabling customers to innovate and navigate market uncertainties.
Amazon.com, Inc. (AMZN) reported Q4 2022 net sales of $149.2 billion, a 9% year-over-year increase. North America sales grew by 13% to $93.4 billion, while AWS segment sales rose 20% to $21.4 billion. However, operating income dropped to $2.7 billion, impacted by $2.7 billion in charges, leading to a net income of only $0.3 billion or $0.03 per share, down from $14.3 billion or $1.39 per share in Q4 2021. For FY 2022, net sales reached $514.0 billion, but the company faced a net loss of $2.7 billion, significantly down from a $33.4 billion profit in 2021. AWS sales growth remained strong, indicating a focus on cloud services amidst broader operational challenges.
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