Amazon Com Stock Price, News & Analysis

Amazon plans to create over 2,000 corporate and tech jobs at its Austin Tech Hub over the coming years, building on the existing 3,000 staff. This expansion will involve roles in Operations Technology, Amazon Retail, Amazon Business, and AWS, among others. To support this growth, Amazon is leasing a new 330,000 square foot office in Austin, set to open in early 2024. This initiative is part of a broader effort to generate 3,000 jobs across Austin, Chicago, and Phoenix, enhancing the local economy and workforce opportunities.

IMDb has announced its list of the most anticipated movies and series of 2022, determined by actual page views from over 200 million monthly visitors. The top movie is The Batman, followed by Scream and Thor: Love and Thunder. The most anticipated series includes House of the Dragon and The Lord of the Rings. IMDb's rankings provide clear insights based on real viewer interest, helping fans track upcoming entertainment easily.

Amazon (NASDAQ: AMZN) announced a $1.5 million donation to The Housing Fund to assist Nashville residents facing housing instability, following its $2.25 million investment in 2020. The funds are aimed at easing the tax burdens on eligible landlords committed to maintaining affordable rentals. Since launching the The Housing Resiliency Fund, Amazon has aided 412 households, with 76% of recipients being households of color. This initiative is part of a broader commitment, aiming to preserve over 20,000 affordable housing units across multiple regions.

Amazon Music is set to debut The LCD Soundsystem Holiday Special on December 22, featuring a unique sitcom titled All My Friends, directed by Eric Wareheim. The event includes performances from LCD Soundsystem following a sold-out residency in Brooklyn. The sitcom stars a cast including Macaulay Culkin and Christine Ko, portraying the band in a ‘90s-inspired setting. The show will stream at 6 p.m. PST on Twitch and Prime Video, available to all Amazon customers and on-demand for Prime members.

SiriusXM and Pandora have launched a new series called Chapter and Verse in collaboration with Audible, premiering on December 9, 2021. This monthly program will feature top authors discussing the connection between music and their literary work, while sharing playlists that inspire them. Initial episodes include Nicholas Sparks, Wendy Walker, and Jonathan Maberry. The series aims to enhance the listening experience by combining storytelling with music, available on Pandora, the SXM App, and SiriusXM's Volume channel.

Amazon (NASDAQ: AMZN) has launched a new pilot program with a commitment of over $21 million aimed at supporting real estate developers of color through education, mentorship, and access to capital. The initiative targets communities in Washington state’s Puget Sound region, Arlington, Virginia, and Nashville, Tennessee. This program is part of the broader $2 billion Amazon Housing Equity Fund, which aims to create or preserve 20,000 affordable homes. The accelerator will initially support 30 participants and provides resources to enhance their capabilities in affordable housing development.

Amazon has unveiled six new capabilities for its SageMaker machine learning service at AWS re:Invent, enhancing accessibility and cost-effectiveness for users. Key features include SageMaker Canvas for no-code ML predictions, Ground Truth Plus for expert data labeling, and a universal notebook experience in SageMaker Studio. Additionally, the SageMaker Training Compiler promises to improve training speeds by 50%, while the Inference Recommender optimizes compute instance selection. These advancements cater to a growing customer base, including major companies like AstraZeneca and Airbnb.