Amazon.Com Inc - $AMZN STOCK NEWS

Amazon Business kicked off its third annual Small Business Month to support small businesses in the U.S, introducing the Small Business Success Studio and the 2024 Small Business Grants program. The studio offers free educational resources, while the grants program gives small businesses the chance to win over $250,000 in grants. The company aims to assist small businesses in overcoming challenges like high inflation, operations costs, and supply chain issues, with most business owners optimistic about the economy and looking to invest in procurement and AI technologies.

Amazon.com, Inc. (NASDAQ: AMZN) reported strong financial results for Q1 2024, with net sales up 13% to $143.3 billion, driven by growth in all segments. Operating income increased to $15.3 billion, and net income rose to $10.4 billion. AWS segment sales rose 17%, contributing to the positive results. The company continues to focus on improving customer experience and expanding its offerings across various business areas.

Amazon Web Services, Inc. (AWS) announces the general availability of Amazon Q, a generative AI-powered assistant that accelerates software development and leverages internal data for companies. Amazon Q offers advanced coding accuracy, security, cloud capabilities, and the ability to build generative AI apps. Customers like Accenture, Toyota, and others are already benefiting.

Amazon Web Services, Inc. (AWS), a subsidiary of Amazon.com, Inc. (NASDAQ: AMZN), introduces new capabilities for Amazon Bedrock, attracting tens of thousands of customers. The new features include Custom Model Import and Model Evaluation, alongside Guardrails for enhanced security. Major companies like adidas, Amazon.com, Delta Air Lines, Salesforce, and others are already using Amazon Bedrock for generative AI applications.

Amazon (NASDAQ: AMZN) launches a low-cost grocery delivery subscription for Prime members and EBT customers in over 3,500 cities in the U.S. Offering unlimited grocery delivery from various retailers for $9.99/month for Prime members and $4.99/month for EBT customers, the subscription includes one-hour delivery windows, 30-minute pickup, priority access to reservations, and more.

Amazon.com, Inc. (AMZN) will host a conference call to discuss its first quarter 2024 financial results on April 30, 2024. The event will be webcast live and available for at least three months thereafter.

Holland America Line partners with Audible to offer a co-branded book club and curated content for guests. The collaboration includes free in-stateroom Audible content, destination-focused playlists, and an exclusive offer for guests. Consumers can sign up for a two-month extended free trial of Audible Premium Plus to access a variety of titles. Holland America Line's social media will host the online Audible Book Club, starting with The Justice by James Patterson. Guests can enjoy curated collections of Audible content based on travel destinations and access onboard in-stateroom entertainment, including language lessons and soundtracks. The collaboration is available for residents of the US, Canada, The Netherlands, UK, and Australia.

S&P Global Commodity Insights collaborates with Amazon Web Services to provide energy industry with comprehensive upstream data and AI tools, facilitating digital transformation. The partnership aims to offer cloud-based solutions for geoscientists and upstream operators, enhancing data accessibility and interoperability.

AWS and NVIDIA announce the integration of NVIDIA Grace Blackwell GPU-based Amazon EC2 instances and NVIDIA DGX Cloud to accelerate AI performance. The collaboration aims to provide end-to-end control of training data and model weights, enhancing security for AI applications. Project Ceiba, an AI supercomputer exclusively on AWS, will feature 20,736 GB200 Superchips capable of processing 414 exaflops. The partnership accelerates AI innovation across healthcare and life sciences.