Amazon Com Stock Price, News & Analysis

Amazon has announced its Best Books of the Year list for 2020, naming Brittany K. Barnett's memoir A Knock at Midnight as the top selection. This memoir addresses the complexities of the criminal justice system and seeks to raise awareness about the injustices faced by many Americans. The Top 10 list includes various genres, showcasing titles such as Migrations by Charlotte McConaghy and The Vanishing Half by Brit Bennett. An Amazon Live Author Series event is planned to celebrate these selections.

Amazon (NASDAQ: AMZN) and Global Optimism announced that Henkel has joined The Climate Pledge, committing to reach net-zero carbon by 2040, well ahead of the Paris Agreement goal of 2050. Signify, which achieved carbon neutrality in 2020, also joins to share best practices. Signatories will measure emissions, adopt decarbonization strategies, and offset unreduced emissions to achieve net-zero. Henkel plans a 65% reduction in its carbon footprint by 2025, aiming for 75% by 2030, with 100% renewable energy usage by then.

Amazon Web Services (AWS) has launched the AWS Network Firewall, a managed security service designed for streamlined network protection across AWS workloads. Customers can quickly enable it within their Amazon Virtual Private Cloud (VPC), benefiting from automatic scaling and no extra charges. The service offers a customizable rules engine, supports integration with existing security setups, and includes advanced protections like intrusion detection and packet filtering. AWS Network Firewall is now available in US East, US West, and Europe, with plans for expansion.

Amazon.com, Inc. (NASDAQ: AMZN) has been recognized as the low price leader in Profitero's latest "Price Wars" study, which assessed prices across 18,400 products from various retailers including Walmart, Target, and Home Depot. The study revealed Amazon consistently offered the lowest prices in 21 product categories, with substantial savings in Home Furniture (35%), Vitamins and Supplements (34%), Health and Personal Care (26%), and Beauty (22%). This recognition underscores Amazon's commitment to delivering competitive pricing to customers.

Amazon is gearing up for Black Friday Deals Week from November 20-27, offering tens of thousands of deals across various categories, including electronics, home goods, toys, and fashion. Customers can shop through the Amazon app or at smile.amazon.com, supporting charities via AmazonSmile. Early holiday shopping is on the rise, with popular categories including home and Amazon devices. Amazon is also emphasizing support for small businesses with special collections. Customers can expect competitive pricing, extended return policies, and fast delivery options throughout the holiday season.

Amazon announced the launch of a new fulfillment center in Madison County, Mississippi, creating over 1,000 full-time jobs with competitive pay and benefits. This facility, featuring advanced robotics technology, is the first of its kind in the state and aims to enhance customer service in the region. Employees will receive a minimum wage of $15 per hour along with comprehensive benefits starting from day one, including medical, dental, and 401(k) plans. The project underscores Amazon's commitment to upskilling 100,000 U.S. employees with a $700 million investment.

Amazon Web Services (AWS) and Standard Chartered Bank have announced a five-year strategic agreement to enhance the bank's digital transformation. Under this partnership, Standard Chartered will migrate its banking systems and customer applications to AWS, improving resilience, security, and compliance across 60 markets. The collaboration aims to foster innovation in digital banking services, leveraging AWS services like Amazon EKS and Amazon Aurora. This initiative emphasizes operational efficiency, agility, and enhanced customer experiences, positioning Standard Chartered to better meet evolving client demands.

Amazon Web Services (AWS) plans to expand its operations in India by launching a second infrastructure region in Hyderabad by mid-2022. This new AWS Asia Pacific Region will include three Availability Zones, enhancing AWS's existing facilities in the country. Currently, India has nine AWS regions and 26 Availability Zones across Asia. This expansion aims to provide Indian businesses, startups, and non-profits with improved access to cloud services, facilitating innovation and operational efficiency. AWS continues to invest in local talent development and enhance its global infrastructure.