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.com (NASDAQ: AMZN) is set to launch a new fulfillment center in Oklahoma City, anticipated to open in 2021. This facility is expected to create over 500 full-time jobs with competitive pay and comprehensive benefits starting on day one. Spanning one million square feet, the center will handle larger items like patio furniture. The company has invested significantly in Oklahoma, generating over 4,000 jobs since 2010 and contributing $530 million to the local economy. This expansion reflects Amazon's commitment to community investment and job creation.
Amazon Web Services (AWS) has partnered with Siemens Smart Infrastructure to migrate over 20 SAP-based ERP and SCM systems to AWS by the end of 2021. This strategic move aims to enhance agility and reduce hardware refresh cycles, paving the way for Siemens to leverage SAP S/4HANA technology. The migration is expected to yield significant cost savings over the next three years, marking a pivotal step in Siemens's digital transformation journey. AWS will provide advanced technologies like Amazon EC2 to support Siemens' evolving business needs.
Amazon.com (NASDAQ: AMZN) is investing in Nevada with eight new buildings to enhance fulfillment and delivery operations, creating over 2,000 jobs with a minimum wage of $15 per hour and comprehensive benefits. This announcement follows Amazon's plan to hire 100,000 seasonal workers in the U.S. and Canada. New facilities include a fulfillment center in North Las Vegas and five additional delivery stations. The company is focused on employee safety, having invested $4 billion in health measures, and it continues to promote staff development through its Career Choice program.
Amazon Web Services has announced significant updates to its Amazon Aurora database platform at AWS re:Invent. The release of Aurora Serverless v2 allows for scaling up to hundreds of thousands of transactions swiftly, potentially saving customers up to 90% in costs compared to traditional provisioning. The new Babelfish for Aurora PostgreSQL enables SQL Server applications to run on Aurora with minimal code changes, easing the migration process. An open-source project for Babelfish will also be launched, expanding options for organizations transitioning from legacy systems.
At AWS re:Invent, Amazon announced five new features for Amazon Connect, enhancing agent productivity and customer experiences. These updates utilize machine learning, are easy to implement, and scalable for various company sizes.
Notable features include Amazon Connect Wisdom for real-time agent assistance, Customer Profiles for unified customer data, Real-Time Contact Lens for call monitoring, and Voice ID for secure authentication. This positions Amazon Connect as a leading, cost-effective contact center solution, with businesses like Best Western and John Hancock already benefiting from improved customer service.
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.
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