Amazon Com Stock Price, News & Analysis

Amazon Web Services (AWS), a subsidiary of Amazon.com (NASDAQ: AMZN), has been selected by Experian (LON: EXPN) as its preferred cloud provider for a multiyear IT modernization initiative. This partnership involves migrating Experian's core business operations and services to AWS, enhancing IT security, reducing costs, and speeding up the time to market for new products. Joe Manna, Global Technology President at Experian, emphasized the aim to simplify and enhance financial services using AWS's advanced capabilities for data-driven decision-making. The collaboration aims to improve consumer financial health and service offerings by leveraging AWS's secure infrastructure and machine learning tools.

Amazon has released its third annual Brand Protection Report, showcasing significant advancements in combating counterfeiting. In 2022, the company halted over 800,000 attempts to create fraudulent seller accounts, a reduction from 2.5 million in 2021. Additionally, it identified and disposed of over six million counterfeit products, with more than 1,300 criminal referrals made in the U.S., UK, EU, and China. The report emphasizes Amazon's focus on robust technology and partnerships to enhance buyer safety and brand integrity.

Amazon has expanded its Sidewalk network coverage to over 90% of the U.S. population, making it available for developer testing. This long-range, low-bandwidth network aims to facilitate connections for a variety of devices, overcoming limitations posed by Wi-Fi and cellular technology. Developers are invited to request free test kits to validate coverage. The integration with AWS IoT Core streamlines device connection and application development, allowing access to over 200 AWS services. Three companies will introduce new Sidewalk-enabled devices later this year, enhancing market choices.

Amazon has expanded its TV lineup by introducing three new sizes of the Fire TV Omni QLED Series and launching the Fire TV 2-Series, starting at $199.99. The Omni QLED Series will include sizes 43”, 50”, and 55”, featuring 4K Quantum Dot Technology and the Fire TV Ambient Experience. For the first time, Amazon-built TVs are available in the United Kingdom, Germany, and Mexico, contributing to sales of over 200 million devices globally. The Fire TV 2-Series offers accessible entertainment with HD and FHD options, supporting over one million movies and shows.

Amazon announces the launch of its new EC2 P5 instances, optimized for NVIDIA Hopper GPUs, aimed at enhancing generative AI training and inference capabilities. This collaboration with NVIDIA aims to deliver up to 20 exaFLOPS of compute performance. The instances are designed to support large language models (LLMs) and complex AI applications, featuring up to 16 petaFLOPs of mixed-precision performance and reduced training costs by 40%. Customers can scale to over 20,000 H100 GPUs using EC2 UltraClusters, enhancing their AI development capabilities.

Bob Odenkirk received the IMDb “Icon” STARmeter Award during the 2023 SXSW Film & TV Festival in Austin, Texas. This prestigious award is based on IMDbPro data reflecting the popularity of celebrities among over 200 million monthly IMDb visitors. Odenkirk is recognized for his role in the upcoming series Lucky Hank, which premiered at the festival. This award is meant for notable figures in the entertainment industry, following last year's recipient, Salma Hayek Pinault. In his acceptance speech, Odenkirk expressed gratitude to fans for their support throughout his career.

Ayo Edebiri received the IMDb “Breakout Star” STARmeter Award at the 2023 SXSW Film Festival, recognizing her popularity among the 200 million monthly visitors to IMDb. This prestigious award has previously been bestowed on stars like Emma D’Arcy and Regé-Jean Page. Edebiri, known for her roles in The Bear and upcoming films Bottoms and Thunderbolts, thanked her fans during the acceptance video and acknowledged her inspirations in comedy. The IMDb STARmeter Awards are based on fan engagement and chart performance, offering a platform for emerging talents.