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.
Amazon Publishing, in collaboration with Mindy Kaling, announces the launch of Mindy’s Book Studio, focusing on diverse storytelling. The first two titles include The Vibrant Years by Sonali Dev, publishing on December 1, and I’ll Stop the World by Lauren Thoman, set for April 2023. Readers can access these books early via Amazon First Reads and Kindle Unlimited. Amazon Studios will adapt these works into films. Kaling aims to uplift underrepresented voices in literature.
Amazon announced the expansion of its Global Disaster Relief Hub in
Amazon has announced the launch of the next-generation Fire 7 and Fire 7 Kids tablets, enhancing their speed, performance, and value. The Fire 7 tablet now features a 30% faster processor and double the RAM, while offering 40% longer battery life for up to 10 hours. Priced at
Simu Liu, famed for his role in Shang-Chi and The Legend of The Ten Rings, has received the IMDb 'Fan Favorite' STARmeter Award, honoring significant page views from over 200 million monthly IMDb users. This recognition coincides with Asian and Pacific Islander Heritage Month, during which IMDb showcases notable talent and projects in this community. Liu has reached the top 10 on the STARmeter chart several times and has been recognized for his work, including a People's Choice Award. He continues to engage audiences with upcoming projects and shares his inspiration as an Asian American actor.
IMDb has launched the What to Watch app exclusively for Fire TV customers in the U.S. The app features interactive mini-games that help users discover movie and TV series recommendations tailored to their moods. Key features include:
- Games like Quick Draw, Watch Challenge, and This or That for personalized suggestions.
- Integration of IMDb user ratings for informed viewing decisions.
- Customizable settings to prioritize titles from preferred streaming services.
This initiative enhances user experience by simplifying the title selection process.
Amazon has announced a $10.6 million investment to build and renovate over 130 affordable homes in Nashville, partnering with the Metropolitan Development and Housing Agency and CrossBridge Inc.. This initiative is part of the Amazon Housing Equity Fund, which has committed over $94 million to affordable housing in Nashville over the last two years. The funds will also support supportive services for individuals overcoming substance abuse. Amazon's commitment aims to create 20,000 affordable homes across various regions including Washington and Arlington.
Amazon has announced a new donation of
Seritage Growth Properties (SRG) announced that Amazon (AMZN) has signed a lease for 123,000 square feet at The Collection at UTC in La Jolla, California. This deal is expected to create over 700 corporate and tech jobs.
The Collection at UTC is 93% leased and includes 212,000 square feet of Class A office and retail space. This marks Seritage's largest office lease to date and is part of a broader vision to develop tech and life science hubs within their property portfolio.
Amazon.com, Inc. (NASDAQ: AMZN) reported Q1 2022 financial results, indicating a 41% decline in operating cash flow to $39.3 billion and a free cash flow outflow of $18.6 billion, compared to an inflow of $26.4 billion last year. Net sales rose 7% to $116.4 billion, with a 9% increase when adjusted for foreign exchange. However, operating income dropped to $3.7 billion, and a net loss of $3.8 billion was reported, largely due to a $7.6 billion valuation loss related to Rivian Automotive. CEO Andy Jassy emphasized ongoing improvements amid inflation and supply chain challenges.
FAQ
What is the current stock price of Amazon Com (AMZN)?
What is the market cap of Amazon Com (AMZN)?
