UPDATE: UBS Assumes Amazon.com (AMZN) at Buy

Amazon (AMZN): Evercore ISI 'Incrementally Positive' as AWS’s re:Invent Event Kicks Off

Evercore ISI analyst Mark Mahaney has weighed in on Amazon (NASDAQ: AMZN) and AWS, in particular, as the company hosts its 10th annual re:Invent event.

The event kicked off with Adam Selipskys (AWS CEO) remarks, which have left Mahaney feeling incrementally positive on the cloud... More

Meta Platforms (FB) Picks Amazon's (AMZN) AWS as Key, Long-Term Strategic Cloud Provider

Today, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), announced that Meta (NASDAQ: FB) has deepened its relationship with AWS as a strategic cloud provider. Meta uses AWSs proven infrastructure and comprehensive capabilities to complement its existing on-premises infrastructure, and will broaden its use of AWS compute, storage, databases, and security services to provide privacy, reliability, and scale in the cloud. Meta will run third-party collaborations in AWS and use the cloud to support acquisitions of companies that are already powered by AWS. It... More

Amazon (AMZN) to Invest in 274 Renewable Energy Projects Globally, 18 New Projects in Europe and the US

Amazon (NASDAQ: AMZN) today announced 18 new utility-scale wind and solar energy projects across the U.S., Finland, Germany, Italy, Spain, and the U.K., totaling 5.6 gigawatts (GW) of procured capacity to date in 2021. Amazon now has 274 renewable energy projects globally and is on a path to power 100% of its business operations with renewable energy by 2025five years earlier than its original 2030 commitment.

These new utility-scale wind and solar projects bring Amazons total committed renewable electricity production capacity to more than 12 GW and 33,700 gigawatt hours (GWh) when the projects become fully operational, or electricity... More

New York accuses Amazon of backsliding over worker safety, seeks monitor

By Jonathan Stempel

NEW YORK (Reuters) -New York state's attorney general on Tuesday asked a state judge to appoint a monitor to oversee worker safety at an Amazon.com Inc fulfillment center in New York City, citing the retailer's alleged rollbacks of COVID-19 safety measures that were "already inadequate."

Letitia James, the attorney general, also wants a court order requiring the rehiring of Christian Smalls, who Amazon fired for allegedly violating a paid quarantine by leading a March 2020 protest over conditions at the Staten Island facility.

James, a Democrat running to become... More

Goldman launches cloud-based software in partnership with Amazon Web Services

(Reuters) - Goldman Sachs Group Inc said on Tuesday it had partnered with Amazon Web Services Inc to create a software for cloud-based data and analytics for financial institutions.

The new product, called Goldman Sachs Financial Cloud for Data, will allow hedge funds and asset managers, among other... More

NASDAQ (NDAQ) and AWS (AMZN) Partner to Transform Capital Markets

Today, at AWS re:Invent, Nasdaq (Nasdaq: NDAQ) and Amazon Web Services, Inc. (AWS), an Amazon.com Inc. company (Nasdaq: AMZN), announced a multi-year partnership to build the next generation of cloud-enabled infrastructure for the worlds capital markets.

Beginning in 2022, Nasdaq plans to migrate its North American markets to AWS in a phased approach, starting with Nasdaq MRX, a U.S. options market. Nasdaq will use a new edge computing solution that is co-designed by Nasdaq and AWS and specifically developed for market... More

Amazon.com (AMZN) Logistics About to Become The Largest US Package Carrier - Morgan Stanley

Morgan Stanley analyst Brian Nowak reiterated an Overweight rating and $4,000.00 price target on Amazon.com (NASDAQ: AMZN) after management commented that stated that it expects to be the largest package delivery
carrier in the US by the end of the year or early 2022.

The analyst stated "These comments are largely consistent with our current AMZL estimates that AMZL will ship an estimated ~6.3bn packages this yearvs UPSs estimated 5.5bn packages. Looking at it another way, this... More

Active options: F CCL DIS AAL FB PLTR MSFT AMZN MRK BAC NIO

Active options: F CCL DIS AAL FB PLTR MSFT AMZN MRK BAC NIO