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.
The AMZN news page on Stock Titan aggregates official announcements and media coverage related to Amazon.com, Inc. across its retail, cloud, and services businesses. Amazon operates in the electronic shopping and mail-order houses industry, and its disclosures highlight multiple revenue streams, including retail activities, Amazon Web Services (AWS), and advertising services. News about AMZN often spans consumer offerings, enterprise technology, and partnerships with other organizations.
Recent items illustrate the breadth of Amazon-related developments. AWS has announced the AWS European Sovereign Cloud, an independent cloud environment located entirely within the European Union and designed to address digital sovereignty and data residency requirements for European governments and enterprises. Additional AWS news includes the introduction of Amazon EC2 M9g instances powered by the Graviton5 chip and collaborations with companies such as Zilliz and AUMOVIO on AI, vector databases, and autonomous driving workloads.
On the consumer and services side, Amazon Pharmacy has reported expanded access to medications like the Wegovy pill for weight management, offering insurance and cash-pay options with home delivery. Ring, described as an Amazon company, has introduced Fire Watch in the Ring app to provide real-time information during wildfire events. IMDb, also identified as an Amazon company, regularly publishes rankings of anticipated and popular movies, series, and stars based on user page views.
Investors and observers following AMZN news can use this page to review updates on AWS infrastructure, new technology offerings, business collaborations, retail and pharmacy services, and initiatives involving Whole Foods Market and Amazon Business. Bookmark this feed to monitor how Amazon’s activities in e-commerce, cloud computing, AI, and digital services are reflected in its ongoing public announcements.
IMDb has launched the What to Watch app exclusively for Fire TV customers in the U.S. The app features interactive mini-games that help users discover movie and TV series recommendations tailored to their moods. Key features include:
- Games like Quick Draw, Watch Challenge, and This or That for personalized suggestions.
- Integration of IMDb user ratings for informed viewing decisions.
- Customizable settings to prioritize titles from preferred streaming services.
This initiative enhances user experience by simplifying the title selection process.
Amazon has announced a $10.6 million investment to build and renovate over 130 affordable homes in Nashville, partnering with the Metropolitan Development and Housing Agency and CrossBridge Inc.. This initiative is part of the Amazon Housing Equity Fund, which has committed over $94 million to affordable housing in Nashville over the last two years. The funds will also support supportive services for individuals overcoming substance abuse. Amazon's commitment aims to create 20,000 affordable homes across various regions including Washington and Arlington.
Amazon has announced a new donation of
Seritage Growth Properties (SRG) announced that Amazon (AMZN) has signed a lease for 123,000 square feet at The Collection at UTC in La Jolla, California. This deal is expected to create over 700 corporate and tech jobs.
The Collection at UTC is 93% leased and includes 212,000 square feet of Class A office and retail space. This marks Seritage's largest office lease to date and is part of a broader vision to develop tech and life science hubs within their property portfolio.
Amazon.com, Inc. (NASDAQ: AMZN) reported Q1 2022 financial results, indicating a 41% decline in operating cash flow to $39.3 billion and a free cash flow outflow of $18.6 billion, compared to an inflow of $26.4 billion last year. Net sales rose 7% to $116.4 billion, with a 9% increase when adjusted for foreign exchange. However, operating income dropped to $3.7 billion, and a net loss of $3.8 billion was reported, largely due to a $7.6 billion valuation loss related to Rivian Automotive. CEO Andy Jassy emphasized ongoing improvements amid inflation and supply chain challenges.
Amazon (NASDAQ: AMZN) announced its Counterfeit Crimes Unit (CCU) collaborated with Salvatore Ferragamo to report a counterfeiter of Ferragamo's Gancini belt in Yiwu City, China. The investigation led to the seizure of hundreds of counterfeit items. Amazon remains committed to combating counterfeits, having invested over $700 million in protections and employing 10,000 staff against fraud. Since launching the CCU in 2020, Amazon has actively worked with law enforcement to uphold brand integrity and protect consumers from inauthentic products.
Amazon has launched a new benefit for Prime members called Buy with Prime, which allows members to shop directly from participating merchants' online stores while enjoying the same trusted experience they have on Amazon.com. Initially available by invitation only for merchants using Fulfillment by Amazon, this feature offers fast, free delivery, seamless checkout, and free returns. Merchants can easily integrate Buy with Prime into their sites, leveraging Amazon's logistics and brand trust to enhance customer relationships.
Amazon has announced 37 new renewable energy projects, adding 3.5 GW to its portfolio and advancing its goal to run on 100% renewable energy by 2025, five years ahead of its original target. This expansion increases Amazon's total renewable capacity to 15.7 GW across 310 projects in 19 countries. The projects are projected to avoid 17.3 million metric tons of carbon emissions annually. CEO Andy Jassy emphasized the company's commitment to sustainability and leadership in renewable energy procurement.
Amazon.com, Inc. (NASDAQ: AMZN) has scheduled a conference call to discuss its Q1 2022 financial results on April 28, 2022, at 2:30 p.m. PT/5:30 p.m. ET. This event will be webcast live, allowing access to the audio and associated slides for at least three months post-event. Stakeholders can access the information via www.amazon.com/ir.