Amazon Com Stock Price, News & Analysis

Amazon has announced the creation of an additional 7,500 jobs in Arizona, complementing a recent addition of 40,000 corporate positions. New roles in logistics offer an average starting pay of over $18 per hour, with up to $22.50 in some areas. Employees receive extensive benefits from day one, including health insurance and 401(k) matching. This announcement precedes Amazon's Career Day on September 15, providing free career coaching to participants. The company has hired over 450,000 workers in the U.S. since the pandemic began.

Amazon (NASDAQ: AMZN) is expanding its workforce by providing an additional 125,000 local jobs in logistics across the U.S., alongside previously announced 40,000 corporate jobs. These roles offer average starting pay exceeding $18 per hour, with sign-on bonuses up to $3,000 in select areas. Full-time employees receive comprehensive benefits and access to training programs, including tuition coverage through Amazon's $1.2 billion investment in education initiatives. The announcement coincides with Amazon's annual Career Day on September 15, aiming to support job seekers of all backgrounds.

Tripadvisor has announced a collaboration with Audible to enhance travel experiences through audio entertainment. This partnership allows travelers to access Audible's vast library of audiobooks and podcasts along with personalized "Trip Playlists" created by Tripadvisor Plus. The promotion includes discounts for Audible members, 90-day free trials for Tripadvisor Plus members, and free trials for all Tripadvisor members. This initiative aims to enrich travel, making it more enjoyable and informative.

Amazon has announced a significant expansion of its education and skills training benefits for its U.S. employees, with a $1.2 billion investment through 2025. The initiative will cover full tuition for over 750,000 operations employees, as well as GEDs and ESL certifications. Three new training programs in data center technology, IT, and user experience design will also be introduced. This move aligns with findings from the Amazon-Gallup American Upskilling Study, which shows 70% of workers would change jobs for free training.

Amazon has launched its first-ever Fire TV smart TVs: the Omni Series and 4-Series, along with the Fire TV Stick 4K Max. The Omni Series TVs offer hands-free Alexa voice control and 4K Ultra HD, starting at $409.99. The 4-Series provides exceptional 4K quality at affordable prices, starting at $369.99. The Fire TV Stick 4K Max boasts 40% more power and Wi-Fi 6 support for improved streaming performance, retailing at $54.99. All devices will be available in the U.S. next month, with introductory discounts on select models.

Amazon and Best Buy have launched new smart TVs featuring Fire TV built-in from Pioneer and Toshiba. The Pioneer series includes 4K UHD options in 43” and 50” sizes, set to ship late September and early November, respectively. The Toshiba series features far-field voice capabilities via Alexa and will be available in larger sizes, launching in Spring 2022. This collaboration expands the existing range of over 80 Fire TV models since 2018, responding to increased consumer demand with millions sold and average ratings of 4.4 stars.

Amazon.com, Inc. (NASDAQ:AMZN) announced the redemption of $1 billion of its outstanding 3.300% Notes, maturing on December 5, 2021, effective October 5, 2021. The redemption price will equal 100% of the principal amount plus any accrued interest. Following the redemption date, these Notes will cease to accrue interest and will no longer be outstanding. This move reflects Amazon's strategic financial management and capital allocation efforts.

Amazon has deployed over 140,000 relief items from its Disaster Relief Hub in Atlanta to assist communities affected by Hurricane Ida, which struck Louisiana as a Category 4 storm on August 29. The company aims to support Save the Children in aid efforts by delivering essential supplies like water, hygiene products, and children's items within 72 hours of the disaster. Amazon's proactive strategy utilizes a vast logistics network and data analysis to enhance response times for future emergencies, having donated over 15 million products since 2017.

Amazon has launched the Agroforestry and Restoration Accelerator in the Brazilian Amazon, partnering with The Nature Conservancy. This initiative aims to restore 20,000 hectares of rainforest and support 3,000 farmers, while removing up to 10 million metric tons of carbon dioxide by 2050, equivalent to emissions from 2 million cars. The project is part of Amazon's commitment to The Climate Pledge, aiming for net-zero carbon by 2040, and also supports sustainable income for local communities through agroforestry practices.