Amazon.com (AMZN) PT Raised to $2,000 at Guggenheim

Amazon.com Announces Second Quarter Sales up 39% to $52.9 Billion

SEATTLE--(BUSINESS WIRE)-- Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2018.

Operating cash flow increased 22% to $21.8 billion for the trailing twelve months, compared with $17.8 billion for the trailing twelve months ended June 30, 2017. Free cash flow increased to $10.4 billion for the trailing twelve months, compared with $9.6 billion for the trailing twelve months ended June 30, 2017. Free cash flow less lease principal repayments decreased to $4.1 billion for the trailing twelve months, compared with $5.4 billion for the trailing twelve months ended June 30, 2017. Free cash flow less finance lease principal repayments... More

AWS Makes New Amazon EC2 Instances Available to Process Large Amounts of Data, Faster

New high frequency z1d instances deliver sustained all core frequency up to 4.0 GHz, the fastest of any cloud instance

New memory optimized R5 instances deliver improved price-per-gigabyte for memory intensive applications

SEATTLE--(BUSINESS WIRE)-- Today, Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), announced general availability of a new high frequency instance (z1d) for Amazon Elastic Compute Cloud (Amazon EC2), as well as the next generation of memory optimized instances (R5) and memory optimized instances with local storage... More