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Amazon.Com Inc - AMZN STOCK NEWS

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.

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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.

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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.

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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.

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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.

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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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Amazon Web Services (AWS), part of Amazon (NASDAQ: AMZN), has secured a 10-year strategic partnership with Itaú Unibanco, Latin America’s largest bank. This collaboration will facilitate Itaú's migration of its IT infrastructure, including core banking systems and applications, to AWS, enhancing operational efficiency and customer services for its 56 million customers. By leveraging AWS's cloud capabilities, Itaú aims to innovate faster and expand its digital offerings while ensuring regulatory compliance. The deal builds on Itaú's existing relationship with AWS, promoting a broader digital transformation.

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Amazon (NASDAQ: AMZN) has launched its Intellectual Property Accelerator in six European countries: France, Germany, Italy, Spain, Netherlands, and the UK. This initiative aims to help small and medium-sized businesses (SMBs) secure trademarks and combat counterfeit goods more affordably. By connecting SMBs with a network of law firms offering pre-negotiated fees, Amazon addresses the knowledge gap among entrepreneurs regarding IP rights. Since its US launch in 2019, the program has facilitated 6,000 trademark applications, enhancing brand protection for participating SMBs.

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Amazon Web Services (AWS) has launched Amazon Managed Workflows for Apache Airflow (MWAA), enabling data engineers to execute workflows efficiently in the cloud. This managed service simplifies workflow management, enhancing scalability, availability, and security without the burden of self-managed infrastructure. Customers benefit from a familiar Airflow platform, with secure access and integrated monitoring. Notable companies like The Pokémon Company and Rocket Mortgage are already leveraging MWAA for improved operational efficiency. Amazon MWAA is currently available in multiple regions, allowing customers to scale data processing without upfront costs.

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The National Intellectual Property Rights Coordination Center has partnered with Amazon to combat the importation of counterfeit goods into the U.S. This operation involves collaboration with U.S. Customs and Border Protection and DHL, focusing on data analysis and targeted inspections. Amazon's Counterfeit Crimes Unit will lead investigations, enhancing border security efforts. In 2019, Amazon invested over $500 million in anti-counterfeiting measures, achieving a 99.9% complaint-free rate for product pages. This initiative builds on existing public-private efforts to curb intellectual property theft.

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Amazon Web Services (AWS) announced its partnership with Mercado Libre, selecting AWS as its primary cloud provider. This collaboration aims to enhance Mercado Libre's data-driven transformation, improving user experiences and accelerating service launches. Mercado Libre, the largest e-commerce provider in Latin America, will leverage AWS's scalable infrastructure and machine learning services to analyze over 25 terabytes of transaction data daily. This strategic move will support Mercado Libre's growth and operational efficiency, particularly during peak shopping periods.

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FAQ

What is the current stock price of Amazon.Com (AMZN)?

The current stock price of Amazon.Com (AMZN) is $225.94 as of January 20, 2025.

What is the market cap of Amazon.Com (AMZN)?

The market cap of Amazon.Com (AMZN) is approximately 2.4T.

What are the primary business areas of Amazon.com, Inc.?

Amazon.com, Inc. operates in several key areas: e-commerce, cloud computing (through AWS), digital streaming, artificial intelligence, and online advertising.

How significant is AWS to Amazon’s revenue?

AWS contributes approximately 15% to Amazon’s total revenue, offering cloud computing, storage, and database solutions.

What recent developments has Amazon made in grocery delivery?

Amazon introduced a grocery delivery subscription for Prime members, offering unlimited deliveries from Amazon Fresh, Whole Foods Market, and other local stores for $9.99 per month.

How is Amazon innovating in artificial intelligence?

Amazon has launched Amazon Q Developer and Business, which enhance coding accuracy and leverage enterprise data. It also announced new generative AI capabilities in Amazon Bedrock.

What was Amazon’s financial performance in Q1 2024?

Amazon reported a 13% year-over-year increase in net sales to $143.3 billion and a significant rise in operating income to $15.3 billion from $4.8 billion in the previous year.

What is the scope of Amazon’s international sales?

Amazon’s international segments, especially from Germany, the UK, and Japan, account for 25% to 30% of its non-AWS sales.

What are some of the entertainment offerings from Amazon?

Amazon offers a wide range of original content through Amazon Studios and streams exclusive sports events on Prime Video.

How does Amazon support its logistics and infrastructure growth?

Amazon continues to invest in new AWS regions and data centers, enhancing its infrastructure to support global growth and innovation.

What are Amazon’s guiding principles?

Amazon's guiding principles include customer obsession, passion for invention, commitment to operational excellence, and long-term thinking.

How does Amazon support its Prime members?

Prime members enjoy benefits such as free and fast delivery, exclusive deals, streaming of music and videos, and free access to Grubhub+ for food deliveries.
Amazon.Com Inc

Nasdaq:AMZN

AMZN Rankings

AMZN Stock Data

2.38T
9.45B
10.13%
64.3%
0.79%
Internet Retail
Retail-catalog & Mail-order Houses
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United States of America
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