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 Web Services (AWS) has introduced four new container innovations to enhance the development, deployment, and management of applications. These include Amazon ECS Anywhere and Amazon EKS Anywhere, allowing users to run container services in their data centers. AWS Proton automates container and serverless application deployment, while Amazon ECR Public enables users to share container images publicly. These advancements aim to simplify operations, improve resource utilization, and reduce costs, catering to diverse developer needs.
Amazon Web Services (AWS) has unveiled four major storage innovations at AWS re:Invent aimed at enhancing performance and cost-efficiency for customers. The introductions include Amazon EBS io2 Block Express volumes that provide up to 256,000 IOPS and 64 TB capacity; Amazon EBS Gp3 volumes offering independent IOPS provisioning at 20% lower costs; Amazon S3 Intelligent-Tiering with new archive tiers for up to 95% savings on rarely accessed data; and Amazon S3 Replication allowing data duplication across multiple destinations seamlessly. These updates aim to streamline data management and reduce storage costs.
At AWS re:Invent, Amazon announced five new machine learning services: Amazon Monitron, Amazon Lookout for Equipment, AWS Panorama Appliance, AWS Panorama SDK, and Amazon Lookout for Vision. These tools aim to enhance operational efficiency in industrial settings through predictive maintenance and real-time monitoring. Amazon Monitron allows users to predict equipment failures using sensors and cloud services, while the AWS Panorama solutions extend machine learning capabilities to existing cameras for improved safety and compliance. These innovations reflect AWS’s commitment to making machine learning accessible for industries.
Amazon Web Services (AWS), a subsidiary of Amazon.com, unveiled significant upgrades to its analytics capabilities at AWS re:Invent. The highlighted innovations include AQUA for Amazon Redshift, which promises up to 10x faster query performance, and AWS Glue Elastic Views for seamless data integration across multiple stores. Additionally, Amazon QuickSight Q introduces machine learning-driven natural language queries for quick business insights. These enhancements aim to streamline data handling and analytics, catering to the growing data demands of enterprises.
IMDb has released its Top 10 Stars and Top 10 Breakout Stars of 2020, determined by over 200 million monthly page views on IMDbPro STARmeter rankings. Ana de Armas was named the Top Star, while Anya Chalotra, known for her role in The Witcher, received the Breakout STARmeter Award. Chalotra ranked in the top spot for four consecutive weeks and was praised for her performance. IMDb's annual rankings reflect audience engagement rather than box office figures or critics' reviews.
Amazon Web Services (AWS), a subsidiary of Amazon.com (NASDAQ: AMZN), unveiled five new EC2 instances, two AWS Outposts form factors, and three AWS Local Zones at AWS re:Invent. The Graviton2-powered C6gn instances deliver exceptional networking performance and 40% better price performance. AMD-powered G4ad GPU instances provide significant cost savings for graphics applications. The newly introduced M5zn instances enhance single-threaded performance. Furthermore, AWS Local Zones extend low-latency services to major U.S. cities, enhancing the cloud infrastructure for latency-sensitive applications.
Amazon Web Services (AWS) announced a partnership with Boom Technology to utilize its cloud services in developing the Overture, a commercial supersonic airliner set to launch in 2025. Boom aims to leverage AWS’s computing power to enhance productivity, conducting more than 100 million compute hours for design and testing. This collaboration focuses on sustainability and passenger experience, with AWS services streamlining operations and providing advanced analytics. Boom's commitment to innovation and technology will potentially transform air travel, making it faster and more efficient.
Amazon Web Services (AWS) and BlackBerry have entered a multi-year agreement to develop the Intelligent Vehicle Data Platform, IVY. This scalable platform aims to help automakers efficiently read and normalize vehicle sensor data, enhancing in-vehicle experiences. IVY addresses data management challenges in the automotive industry by leveraging machine learning to provide predictive insights. The platform supports various operating systems and enables automakers to quickly deploy new applications, optimize maintenance, and enhance customer services, while ensuring data privacy and security.
Amazon Web Services (AWS) has launched EC2 Mac instances, enabling developers to run macOS workloads in the AWS cloud for the first time. These instances are built on Mac mini computers and allow for on-demand access to macOS environments, enhancing flexibility and scalability for Apple developers. With the ability to use existing AWS services, EC2 Mac instances streamline app development for devices like iPhone and iPad. Customers can expect improved developer productivity, rapid provisioning, and a pay-as-you-go pricing model. EC2 Mac instances are currently available across multiple regions, with more planned.
Amazon Web Services (AWS) announces a multi-year agreement with Zoom Video Communications, designating AWS as its preferred cloud provider. This partnership strengthens their long-standing collaboration, enabling Zoom to scale rapidly and enhance service reliability during the pandemic. AWS supports Zoom's impressive growth, accommodating over 300 million daily meeting participants. The partnership will also integrate Zoom with Amazon devices and enhance hybrid workplace models for businesses. AWS's robust infrastructure aids Zoom in meeting customer demands and innovating new solutions.
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