Amazon Com Stock Price, News & Analysis

Amazon Web Services (AWS), a subsidiary of Amazon.com (NASDAQ: AMZN), launched Amazon Nimble Studio, enabling rapid setup of content production studios. This service provides scalable resources, allowing artists to collaborate globally without upfront costs, paying only for usage. Nimble Studio supports high-performance workstations and flexibility, addressing the demand for premium content while reducing production delays and expenses. Available in six regions, it aims to transform content creation, catering to the needs of media giants and educational institutions.

Amazon has been named the No. 1 company where Americans want to work in 2021 by LinkedIn, rising from No. 3 in 2019. This annual ranking assesses how companies attract and retain talent, focusing on promotions and diversity. In 2020, Amazon created over 400,000 jobs in the U.S. and received 30 million job applications. With a starting pay of at least $15 an hour, 93% of new hires cited company-funded skills training as a retention factor. Amazon continues its commitment to employee development, investing $700 million by 2025.

Amazon has unveiled the next generation of Fire HD 10 tablets, featuring a new design, improved performance, and enhanced display. The Fire HD 10 is available for $149.99, with a brighter 10.1” Full HD display, an octa-core processor, and up to 12 hours of battery life. Additionally, the Fire HD 10 Plus, priced starting at $179.99, offers even more RAM and wireless charging. Customers can also purchase the Fire HD 10 Productivity Bundle, which includes a detachable keyboard case and a Microsoft 365 subscription for $219.99. All products will begin shipping on May 26.

Amazon.com, Inc. (NASDAQ: AMZN) has launched the all-new Fire Kids Pro tablets for children aged 6-12 and the next-gen Fire HD 10 Kids tablet for ages 3-7. The Fire Kids Pro features a one-year subscription to Amazon Kids+, offering thousands of educational and entertainment options, along with a digital store for app requests. Key features include enhanced parental controls, a web browser with filters, and voice/video calling capabilities. The new tablets come with a protective case and a two-year worry-free guarantee, ensuring a safe and engaging experience for kids.

Amazon (AMZN) has expanded its Key by Amazon In-Garage Grocery Delivery service to over 5,000 U.S. cities, allowing millions of Prime members to receive their groceries securely in their garages. Originally launched in five cities, this service addresses the growing demand for convenience, as highlighted by a Morning Consult survey where 70% of Americans find grocery delivery beneficial. The service is available at no extra cost for eligible Prime members, requiring a compatible garage door opener for secure delivery.

Amazon (NASDAQ: AMZN) has launched the Intellectual Property Accelerator (IP Accelerator) in Canada, simplifying the process for small and medium-sized businesses (SMBs) to obtain trademarks and protect their brands. The service connects SMBs with local law firms offering reduced rates for IP services. More than 30,000 Canadian sellers have generated over $2 billion in sales through Amazon. The IP Accelerator builds on Amazon's Brand Registry, offering SMBs tools for brand protection even before trademark registration. Since its U.S. launch in 2019, IP Accelerator has facilitated over 6,000 trademark applications.

Amazon Web Services (AWS) has been selected by DISH Network as its preferred cloud provider to construct a cloud-native 5G network, aiming to transform the consumption of 5G services. This collaboration allows DISH to deploy the first standalone, cloud-based 5G Open Radio Access Network in the U.S., starting with Las Vegas. AWS’s infrastructure will enable DISH to automate operations, optimize costs, and facilitate new application development. The deal emphasizes agility and responsiveness, with potential applications across various industries, including smart factories, healthcare, and gaming.