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Amazon.com Inc (AMZN.OQ)

AMZN.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

UK's Competition Watchdog Clears Amazon's Investment In Deliveroo
Tuesday, 4 Aug 2020 

Aug 4 (Reuters) - UK's Competition and Markets Authority::UK'S CMA CLEARS AMAZON'S 16% INVESTMENT IN DELIVEROO.CMA HAS TODAY CLEARED AMAZON'S 16% INVESTMENT IN DELIVEROO AFTER FINDING THAT IT WILL NOT SUBSTANTIALLY LESSEN COMPETITION.  Full Article

Amazon.Com Q2 Earnings Per Share $10.30
Friday, 31 Jul 2020 

July 30 (Reuters) - Amazon.com Inc ::AMAZON.COM ANNOUNCES SECOND QUARTER RESULTS.Q2 EARNINGS PER SHARE $10.30.Q2 SALES $88.9 BILLION VERSUS REFINITIV IBES ESTIMATE OF $81.56 BILLION.Q2 EARNINGS PER SHARE ESTIMATE $1.46 -- REFINITIV IBES DATA.SEES Q3 SALES $87 BILLION TO $93 BILLION.Q3 GUIDANCE ASSUMES MORE THAN $2.0 BILLION OF COSTS RELATED TO COVID-19.CREATED OVER 175,000 NEW JOBS SINCE MARCH AND ARE IN PROCESS OF BRINGING 125,000 OF THESE EMPLOYEES INTO REGULAR, FULL-TIME POSITIONS.SEES Q3 OPERATING INCOME TO BE BETWEEN $2.0 BILLION AND $5.0 BILLION.QTRLY TOTAL OPERATING EXPENSES $83,069 MILLION VERSUS $60,320 MILLION REPORTED LAST YEAR.QTRLY NORTH AMERICA NET SALES $ 55,436 MILLION VERSUS $38,653 MILLION REPORTED LAST YEAR.QTRLY INTERNATIONAL NET SALES $22,668 MILLION VERSUS $16,370 MILLION REPORTED LAST YEAR.QTRLY AMAZON WEB SERVICES NET SALES $10,808 MILLION VERSUS $8,381 MILLION REPORTED LAST YEAR.Q3 GUIDANCE ANTICIPATES AN UNFAVORABLE IMPACT OF APPROXIMATELY 20 BASIS POINTS FROM FOREIGN EXCHANGE RATES.QTRLY ONLINE STORES SALES $45,896 MILLION VERSUS $31,053 MILLION REPORTED LAST YEAR.EMPLOYEES AT QUARTER-END (FULL-TIME AND PART-TIME; EXCLUDES CONTRACTORS & TEMPORARY PERSONNEL) OF 876,800 VERSUS 840,400 REPORTED IN Q1 2020.QTRLY PHYSICAL STORES SALES $3,774 MILLION VERSUS $4,330 MILLION REPORTED LAST YEAR.QTRLY SUBSCRIPTION SERVICES SALES $6,018 VERSUS $4,676 MILLION REPORTED LAST YEAR.QTRLY WW SHIPPING COSTS $13,652 MILLION VERSUS $8,134 MILLION REPORTED LAST YEAR.  Full Article

AT&T Says COVID-19 Had About $1.5 Bln Qtrly Revenue Impact On WarnerMedia - Conf Call
Thursday, 23 Jul 2020 

July 23 (Reuters) - AT&T Inc ::AT&T SAYS COVID-19 HAD ABOUT $1.5 BILLION REVENUE IMPACT IN QUARTER ON WARNERMEDIA- CONF CALL.AT&T SAYS HBO MAX HAD 3 MILLION RETAIL SUBSCRIBERS 1 MONTH AFTER LAUNCH - CONF CALL.AT&T SAYS 4.1 MILLION SUBSCRIBERS HAVE ACTIVATED THEIR HBO MAX ACCOUNTS, 1 MILLION OF WHICH WERE WHOLESALE CUSTOMERS- CONF CALL.AT&T SAYS AMAZON HAS CHOSEN TO TREAT HBO MAX DIFFERENTLY THAN HOW THEY TREAT OTHER STREAMING SERVICES AND THEIR CUSTOMERS- CONF CALL.AT&T SAYS EXPECTS PHONE LAUNCHES LATER THIS YEAR WILL HELP RETAIL SALES- CONF CALL.AT&T SAYS "TOO EARLY" TO MAKE DECISION ON WHEN STOCK BUYBACK PROGRAM RETURNS- CONF CALL.AT&T EXPECTS TO HAVE 21 NEW ORIGINAL SERIES ON HBO MAX BY AUG- CONF CALL.  Full Article

Amazon And Reliance Industries Limited Have Held Talks For A Possible Deal In Reliance Retail - ET Now
Thursday, 23 Jul 2020 

July 23 (Reuters) - :AMAZON AND RELIANCE INDUSTRIES LIMITED HAVE HELD TALKS FOR A POSSIBLE DEAL IN RELIANCE RETAIL - ET NOW.PRELIMINARY DISCUSSIONS ON FOR AMAZON TO TAKE A 9.9% STAKE IN RELIANCE RETAIL - ET NOW.  Full Article

Atos Launches Digital Cloud Services With Amazon, Google, Microsoft
Wednesday, 8 Jul 2020 

July 8 (Reuters) - ATOS SE ::ATOS ELIMINATES THE LAST BARRIERS TO PUBLIC CLOUD WITH NEW DIGITAL CLOUD SERVICES.IN COLLABORATION WITH AMAZON WEB SERVICES, GOOGLE CLOUD PLATFORM AND MICROSOFT AZURE, IT COMBINES FLEXIBILITY AND COST-EFFECTIVENESS OF PUBLIC CLOUD WITH A CATALOG OF SERVICES FOCUSED ON APPLICATION MODERNIZATION AND CLOUD BASED DATA ANALYTICS.  Full Article

Amazon.Com Inc Says New 825,000 Square-Foot Site In Port Of Little Rock To Create 1,000 New, Full-Time Jobs
Tuesday, 7 Jul 2020 

July 7 (Reuters) - Amazon.com Inc ::AMAZON.COM INC - NEW 825,000 SQUARE-FOOT SITE IN PORT OF LITTLE ROCK TO CREATE 1,000 NEW, FULL-TIME JOBS.AMAZON.COM INC - PLANS TO OPEN ITS FIRST FULFILLMENT CENTER IN LITTLE ROCK, ARKANSAS.AMAZON.COM INC - NEW FULFILLMENT CENTER IS ANTICIPATED TO LAUNCH IN 2021.AMAZON.COM INC - ALSO PLANNING A NEW 85,000 SQUARE-FOOT DELIVERY STATION WHICH IS ANTICIPATED TO LAUNCH IN LATE 2020.  Full Article

ViacomCBS Appoints Naveen Chopra As Executive Vice President, Chief Financial Officer
Wednesday, 1 Jul 2020 

July 1 (Reuters) - ViacomCBS Inc ::VIACOMCBS APPOINTS NAVEEN CHOPRA AS EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER.VIACOMCBS INC - CHOPRA SUCCEEDS CHRISTINA SPADE.VIACOMCBS INC - CHOPRA JOINS VIACOMCBS FROM AMAZON, WHERE HE SERVED AS CHIEF FINANCIAL OFFICER OF AMAZON'S DEVICES AND SERVICES BUSINESS.VIACOMCBS INC - CHRISTINA SPADE WILL TRANSITION INTO AN ADVISORY ROLE AFTER CO'S Q2 EARNINGS CALL.  Full Article

Capella Space Goes All-In On AWS
Tuesday, 30 Jun 2020 

June 30 (Reuters) - Amazon Web Services: :AMAZON WEB SERVICES SAYS CAPELLA SPACE, A PROVIDER OF ON-DEMAND EARTH OBSERVATION DATA VIA SATELLITE-BASED RADAR, IS GOING ALL-IN ON AWS.  Full Article

ING Groep: ING In Germany And Amazon Join Forces In SME Lending
Tuesday, 30 Jun 2020 

June 30 (Reuters) - ING Groep NV ::ING IN GERMANY AND AMAZON JOIN FORCES IN SME LENDING.ING TO COOPERATE WITH AMAZON IN OFFERING LOANS TO ELIGIBLE SELLERS THROUGH AMAZON'S SELLER PORTAL.ING IN GERMANY WILL PROVIDE THESE SELLERS WITH LOANS OF BETWEEN EUR 10,000-750,000 WITH A REPAYMENT PERIOD OF UP TO THREE YEARS.  Full Article

Amazon Says To Give One-Time Bonus Totaling Over $500 Mln To Its Front-Line Employees, Partners
Monday, 29 Jun 2020 

June 29 (Reuters) - :AMAZON.COM SAYS TO GIVE ONE-TIME BONUS TOTALING OVER $500 MILLION TO ITS FRONT-LINE EMPLOYEES AND PARTNERS - BLOG.  Full Article

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Amazon starts preparations to launch in Sweden

Amazon.com Inc has started preparations to launch in Sweden, marking its first step to establish a local presence in a Nordic country.