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 (AMZN) announced its week-long NFL Holiday Blitz, featuring exclusive broadcasts of NFL games on Prime Video. The event includes key matchups, such as the Vikings vs. Saints on Christmas Day and the 49ers vs. Cardinals on December 26. Both games will be accessible to over 150 million Prime members without additional charges. The announcement highlights various programming and alternate audio options for fans, enhancing the viewing experience. The Vikings-Saints game will air on Christmas Day at 4:30 PM ET, while the 49ers-Cardinals game will follow on December 26 at the same time.
Amazon.com plans to open its first fulfillment center in Sioux Falls, South Dakota, projected to launch in 2022. This facility will create 1,000 full-time jobs offering competitive wages and benefits from day one, including medical, dental, vision insurance, and a 401(k) match. The center, covering 640,000 square feet, will use robotics to manage operations efficiently. Amazon's investment in South Dakota since 2010 has exceeded $1 million and is expected to contribute significantly to the local economy.
Amazon.com (NASDAQ: AMZN) has announced plans to open a new fulfillment center in North Little Rock, Arkansas, creating over 500 full-time jobs with competitive pay and comprehensive benefits. The center, set to launch in 2021, will cover one million square feet and focus on shipping larger customer items. This expansion reflects Amazon's commitment to investing in local communities and enhancing its operational capacity. The company prioritizes employee welfare, offering a minimum wage of $15 per hour and extensive benefits like medical coverage and parental leave.
Amazon (NASDAQ: AMZN) has introduced extended return policies for the 2020 holiday season, allowing items purchased between October 1 and December 31, 2020, to be returned until January 31, 2021. Customers can enjoy easy returns with no box or label needed at over 500 Whole Foods Market locations, as well as various Amazon physical stores. This initiative is aimed at providing convenience and support during an unpredictable holiday season, enhancing customer confidence with a seamless return experience.
Amazon Web Services (AWS) announced that Star Alliance is migrating its entire IT infrastructure to AWS, aiming to reduce costs and enhance operational flexibility. By moving to the cloud, Star Alliance expects a 25% reduction in total cost of ownership and a 30% decrease in infrastructure expenses during the COVID-19 pandemic. The transition enables faster application development and improved customer services, including real-time baggage tracking. AWS's extensive cloud services will allow Star Alliance to innovate and adapt to changing travel demands, enhancing customer experience and operational resilience.
Amazon Web Services (AWS) is strengthening its partnership with Nationwide, a leading insurance provider, by becoming its preferred cloud provider. Nationwide is migrating over 850 critical applications, including its flagship website, to AWS as part of its digital transformation. This move is facilitated by the AWS Enterprise Next program, enabling Nationwide to leverage advanced services like machine learning for enhanced customer service. The collaboration aims to speed up policy processing and improve customer engagement, positioning Nationwide competitively in the financial services sector.
Summary not available.
Amazon Web Services (AWS) announced that Arm will migrate the majority of its electronic design automation (EDA) workloads to AWS, utilizing Graviton2-based instances. This transition is expected to enhance simulation capabilities, achieving a 6x performance improvement in EDA workflows. Arm aims to reduce its global datacenter footprint by at least 45% and on-premises compute by 80%. The collaboration allows Arm to optimize costs, improve engineering efficiency, and accelerate project timelines while leveraging AWS’s vast storage and computing resources.
Amazon has announced that 13 new companies, including Microsoft, Unilever, and Coca-Cola European Partners, have joined The Climate Pledge, committing to achieve net-zero carbon by 2040. The initiative aims to reduce greenhouse gas emissions significantly ahead of the Paris Agreement timelines. Signatories will report emissions regularly and implement strategies for decarbonization. Amazon founder Jeff Bezos emphasized the importance of collaboration and innovation to meet climate goals, highlighting a growing demand for sustainable technologies.
At AWS re:Invent, Amazon Web Services announced nine new features for Amazon SageMaker, enhancing its machine learning capabilities. The updates include faster data preparation, a dedicated feature repository, automated workflows, and improved model monitoring, enabling developers to automate and scale the machine learning process. These enhancements aim to simplify the creation of machine learning models for a broader audience, addressing the traditionally complex tasks involved in data preparation and model training. Notable customers like 3M and Deloitte highlighted the value of these updates.