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. reports developments across its online retail marketplace, third-party seller services, Amazon Web Services, advertising, logistics, pharmacy, and digital media businesses. Company news commonly covers financial results, retail and international activity, AWS cloud and generative AI services such as Amazon Bedrock and Graviton processors, and enterprise partnerships that use AWS infrastructure.
Updates also address consumer and business-customer services, including Amazon Business, Amazon Supply Chain Services, prescription delivery through Amazon Pharmacy, and Audible audio storytelling. Other recurring themes include delivery speed, fulfillment and distribution capabilities, seller services, sports and media partnerships, and sustainability-related technology used in Amazon facilities and operations.
Amazon has launched RxPass, a new benefit for Prime members that provides affordable access to over 80 generic medications for a flat fee of $5 per month, with free delivery. This subscription service aims to help customers save on prescription costs, especially those who pay over $10 per month for their medications, potentially reducing their expenses by more than 50%. RxPass is now available in most U.S. states, making healthcare more accessible. Additionally, Amazon Pharmacy offers other options, including discounts through the Prime prescription savings benefit.
Amazon Web Services (AWS) has launched its second AWS Region in Australia, the AWS Asia Pacific (Melbourne) Region, with an estimated investment of $4.5 billion (approx. A$6.8 billion) by 2037. This new region aims to enhance workload resilience and data security while providing lower latency for users.
The investment anticipates supporting over 2,500 full-time jobs annually and adding approximately $10.6 billion (approx. A$15.9 billion) to Australia’s GDP by 2037. AWS now operates 99 Availability Zones across 31 geographic regions, further expanding its infrastructure for local and global customers.
Jennifer Connelly received the IMDb 'Fan Favorite' STARmeter Award at the 2023 Sundance Film Festival on January 22, 2023, recognizing her popularity among the site's over 200 million monthly visitors. This award highlights stars who top the IMDbPro STARmeter chart based on page views. Connelly, who recently appeared in Top Gun: Maverick and stars in the upcoming film Bad Behaviour, ranked as the #40 most popular star of 2022. Previous recipients include Nicholas Braun and Rachel Brosnahan, emphasizing the award's prestige in recognizing audience favorites.
Amazon.com (NASDAQ: AMZN) has announced a conference call scheduled for February 2, 2023, at 2:30 p.m. PT to discuss its fourth quarter 2022 financial results. The call will provide insights into the company's performance and is expected to address key metrics such as earnings, revenue, and guidance. The event will be webcast live, and audio along with accompanying slides will be accessible for three months thereafter at www.amazon.com/ir.
IMDb will cover the 2023 Sundance Film Festival with exclusive content across its platforms, including interviews and portraits of stars and filmmakers. As an official festival sponsor, IMDb will host the 'Opening Night: A Taste of Sundance' on January 19, honoring notable artists like Luca Guadagnino and Ryan Coogler. The IMDb Studio at Acura Festival Village will operate from January 20-23, featuring celebrity photo sessions and video interviews. Jennifer Connelly will receive the 'Fan Favorite' STARmeter Award, recognizing her popularity among IMDb users. The festival promises extensive fan engagement through social media and live events.
On January 12, 2023, Zappos.com introduced its Label Free Box Free Returns service at Whole Foods Market stores nationwide, aligning with Amazon's goals of enhancing online shopping convenience. By eliminating packaging requirements, customers can streamline their returns while completing grocery shopping. This initiative complements Zappos’ existing 365-day free return policy. CEO Scott Schaefer emphasized the importance of evolving with customer needs to maintain a customer-first approach. The service is available via the Zappos iOS app.
Amazon has announced that its Buy with Prime feature will become widely available to U.S. merchants by January 31, previously limited to invite-only. This direct-to-consumer offering has demonstrated an average 25% increase in shopper conversion rates. Additionally, Amazon introduced Reviews from Amazon, allowing merchants to showcase customer reviews directly on their sites at no extra cost. This feature aims to boost customer trust and further enhance conversion rates, aiding merchants in establishing their brands and direct relationships with customers.
IMDb has partnered with TikTok to introduce a new feature allowing users to link movie and TV titles directly within their videos using IMDb data. This feature enables TikTok creators to showcase their favorite titles, directing viewers to an in-app page with detailed information including cast, genre, and user ratings. Users can link up to five titles per video. Currently, this feature is accessible for users in the U.S. and the U.K.. The collaboration aims to enhance the TikTok experience for its globally engaged community of film and TV enthusiasts.
IMDb has revealed its rankings for the Most Anticipated Movies and TV Series of 2023, based on actual page views from over 200 million monthly users. The movie Barbie tops the list as the most awaited film, while the series The Last of Us leads in TV anticipation. Key films include Winnie-the-Pooh: Blood and Honey and Killers of the Flower Moon. Other anticipated series range from Secret Invasion to Masters of the Air. IMDb's data is derived from consistent tracking throughout 2022.
Amazon Games and Crystal Dynamics have announced a partnership to develop a new Tomb Raider game, continuing the narrative of Lara Croft. This upcoming multiplatform title will utilize Unreal Engine 5, promising an expansive adventure filled with exploration, puzzles, and diverse enemies. The game is currently in early development, with further details to be revealed later. This collaboration reflects Amazon Games' commitment to creating high-quality gaming experiences and marks their first single-player narrative title, expanding their AAA publishing efforts.