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 announces significant growth in its small and medium-sized business (SMB) ecosystem, reporting a 15% increase in sellers exceeding
Amazon has announced the availability of 150,000 seasonal jobs across the U.S., with roles starting at an average pay of
Amazon has announced the availability of 150,000 seasonal jobs across the U.S., offering an average starting pay of
Amazon (NASDAQ:AMZN) has announced the availability of 150,000 seasonal jobs across the U.S., including 23,000 in California. These roles offer an average pay of
Amazon announced the availability of 150,000 seasonal jobs across the U.S. with an average starting pay of
Amazon (NASDAQ:AMZN) announces the availability of 150,000 seasonal jobs across the U.S., including 6,200 in Arizona. These positions offer an average starting pay of
Amazon has announced the availability of 150,000 seasonal jobs across the U.S., including 4,500 in Illinois. These roles come with an average starting pay of
The United States Attorney’s Office for the Western District of Michigan has indicted four individuals related to a major fraud scheme that exploited Amazon’s textbook rental program, leading to charges including mail and wire fraud. The investigation, supported by Amazon's anti-fraud systems, revealed over 30 counts of fraud committed against the company. Amazon expressed gratitude for the support from law enforcement agencies in prosecuting this case, highlighting its commitment to protecting customers and ensuring trust in its services.
Amazon.com, Inc. (NASDAQ: AMZN) will host a conference call on October 28, 2021, at 2:30 p.m. PT to discuss its third quarter 2021 financial results. The call will be available via live webcast, and the audio along with presentation slides will remain accessible for at least three months on Amazon's investor relations website.
Amazon has launched its Black Friday deals early, offering substantial discounts across categories including fashion, home, beauty, toys, and electronics. This year, customers can access the largest selection of gift guides, including the Holiday Toy List and special picks from small businesses. New features allow Prime members to send gifts via email without needing addresses. Additionally, Amazon is investing over $1 billion in employee pay and hiring 125,000 roles in the U.S. with average starting wages above $18 per hour.
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