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 (NASDAQ: AMZN) announced a
Amazon Music is set to debut The LCD Soundsystem Holiday Special on December 22, featuring a unique sitcom titled All My Friends, directed by
SiriusXM and Pandora have launched a new series called Chapter and Verse in collaboration with Audible, premiering on December 9, 2021. This monthly program will feature top authors discussing the connection between music and their literary work, while sharing playlists that inspire them. Initial episodes include Nicholas Sparks, Wendy Walker, and Jonathan Maberry. The series aims to enhance the listening experience by combining storytelling with music, available on Pandora, the SXM App, and SiriusXM's Volume channel.
Amazon (NASDAQ: AMZN) has launched a new pilot program with a commitment of over
Amazon has unveiled six new capabilities for its SageMaker machine learning service at AWS re:Invent, enhancing accessibility and cost-effectiveness for users. Key features include SageMaker Canvas for no-code ML predictions, Ground Truth Plus for expert data labeling, and a universal notebook experience in SageMaker Studio. Additionally, the SageMaker Training Compiler promises to improve training speeds by 50%, while the Inference Recommender optimizes compute instance selection. These advancements cater to a growing customer base, including major companies like AstraZeneca and Airbnb.
IMDb has announced the Top Stars and Breakout Stars of 2021 based on actual page views from over 200 million monthly visitors. Elizabeth Olsen is recognized as the Top Star, while Regé-Jean Page is the Top Breakout Star. Ben Barnes received an IMDb STARmeter Award for his role in 'Shadow and Bone,' where he ranked closely on both lists. IMDb's annual rankings offer insights into fan engagement, reflecting trends in viewership and popular performances.
Amazon has announced the addition of 18 new utility-scale wind and solar energy projects across six countries, totaling 5.6 GW of capacity. With these projects, the company has committed over 12 GW in renewable electricity production, aiming to power its operations with 100% renewable energy by 2025—five years ahead of its initial target. This initiative will eliminate 13.7 million metric tons of carbon emissions annually, equivalent to the emissions from nearly 3 million cars. Amazon is now the largest corporate buyer of renewable energy globally, with a total of 274 projects.
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