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 (NASDAQ: AMZN) has launched its Amazon Air Hub operations at the Cincinnati/Northern Kentucky International Airport (CVG) following a $1.5 billion investment. This facility, covering 800,000 square feet, will serve as a central hub for Amazon's U.S. cargo network, significantly improving package transport efficiency. The hub is expected to create thousands of jobs with starting wages of up to $19.50 per hour and benefits. With advanced robotics and sustainable energy measures, Amazon aims to enhance operational capacity while contributing to the local economy.
Amazon (NASDAQ: AMZN) announced an additional $1 million investment in the Right Now Needs Fund in Northern Virginia for the academic year, aiding students from underserved communities in Arlington, Alexandria, and Fairfax. This initiative, in partnership with Communities In Schools NOVA, helps fulfill essential needs like clothing and school supplies. In its first year, the Fund supported 8,500 students. The company plans to donate backpacks filled with supplies and provide community educational programs, contributing to long-term educational access and equity.
Amazon and GoPro have filed a lawsuit against nine defendants for counterfeiting GoPro's camera accessories, such as 'The Handler' and '3-Way' grip. Filed in the U.S. District Court for Western Washington, the suit claims defendants misused GoPro's trademarks to mislead customers. Amazon proactively closed the defendants' accounts and refunded affected customers. The Counterfeit Crimes Unit, established by Amazon in 2020, plays a key role in combating counterfeit products, having invested over $700 million that year to protect its platform.
Amazon.com, Inc. (NASDAQ: AMZN) announced plans to open a new fulfillment center in Port St. Lucie, FL, creating over 500 full-time jobs with a starting wage of at least $15 per hour and comprehensive benefits. The facility, set to launch in 2022, will be more than one million square feet, enhancing Amazon’s operational capacity in Florida where it currently employs over 52,000 associates. Local leaders express enthusiasm for the economic boost from Amazon's investment, which has reached over $9.5 billion in Florida since 2010.
Amazon (NASDAQ: AMZN) has launched exclusive offers for Prime Student members ahead of the fall semester. New benefits include a six-month trial at half price, and partnerships with Grubhub+, Calm, StudentUniverse, and Course Hero for significant savings. Grubhub+ offers free unlimited delivery for orders over $12, while Calm provides a premium subscription for $8.99/year after a free trial. Discounts on travel and educational resources are also available. Overall, the initiative aims to enhance the value of Prime Student memberships, catering specifically to college students.
Amazon (NASDAQ: AMZN) and Best Buy (NYSE: BBY) unveiled the Insignia F50 Series Fire TVs, enhancing their three-year collaboration. The new TVs feature 4K Ultra HD resolution, Dolby Vision HDR, and integrated Alexa for a superior entertainment experience. With millions of TVs sold and an average rating of 4.4 stars, the Insignia line continues to be a market favorite. Customers can also benefit from a new in-store pickup option for online orders at Best Buy, further simplifying their shopping experience. The F50 Series will be available at Best Buy and Amazon later this summer.
Amazon.com, Inc. (NASDAQ: AMZN) reported strong Q2 2021 financial results, with net sales rising 27% to $113.1 billion compared to Q2 2020. Operating income increased to $7.7 billion, and net income reached $7.8 billion, or $15.12 per diluted share. Operating cash flow grew 16% year-over-year to $59.3 billion, while free cash flow decreased significantly to $12.1 billion. The company announced major investments in employee safety and job creation, including 10,000 new jobs in the UK and over $300 million for safety projects. AWS showed reaccelerating growth, supporting digital transformation for numerous businesses.
ReFrame, the gender equity coalition, and IMDbPro announced that 51% of the most popular scripted TV shows in the 2020-2021 season received the ReFrame Stamp for gender-balanced hiring. This marks the first time over half of these shows meet the criteria. Notably, 50% of shows nominated for Outstanding Drama and Comedy Series also earned the Stamp. The analysis expanded to include the Top 200 shows, revealing a 55% increase in shows earning the Stamp compared to the previous year. ReFrame aims for 100% commitment to equitable hiring in the industry.
Amazon Web Services (AWS) has launched Amazon EBS io2 Block Express volumes, offering a cloud-based SAN solution. This new product enables sub-millisecond latency, 256,000 IOPS, 4,000 MB/s throughput, and 64 TB capacity—marking a 4x increase in performance over existing options. The service boasts a pay-as-you-go model with no upfront fees, allowing customers to scale up without the typical SAN challenges. Major enterprises like Epic Systems and Amway have already reported significant performance improvements using these volumes.
Amazon.com, Inc. (NASDAQ: AMZN) will host a conference call to discuss its Q2 2021 financial results on July 29, 2021, at 2:30 p.m. PT/5:30 p.m. ET. The call will be available via webcast, with audio and presentation slides accessible for three months at www.amazon.com/ir.
FAQ
What is the current stock price of Amazon Com (AMZN)?
What is the market cap of Amazon Com (AMZN)?
