Tag AMZN

If, as expected, the Chancellor Rachel Reeves announces an “Amazon tax” in her Budget next week many of its rivals will no doubt welcome it, and so perhaps will many voters...

Amazon Investors Eye AWS Performance as Q3 Earnings Approach...

The British Retail Consortium, the industry’s trade body, welcomed the idea of reform but warned against the idea of simply punishing online players...

EL launches the U.S. Amazon Premium Beauty store, increasing access to its skincare, makeup and fragrances for a wider audience...

Q2 Holdings (QTWO) announced an expanded strategic partnership with Amazon Web Services (AMZN) to continue driving innovation for its bank, credit union, and fintech customers. As part of this collaboration, AWS and Presidio, a technology services and solutions provider and a premier consulting partner within the Amazon Partner Network, will help Q2 expand the use of the AWS platform to power its digital banking product, including Q2 Innovation Studio solutions. Q2 will leverage AWS innovation,...

BMO Capital keeps an Outperform rating and $230 price target on Amazon.com (AMZN) while raising the firm’s Q3 AWS Cloud growth to 20% from 19%. BMO is also raising its FY24 EPS view on Amazon by 4c to $4.53 and its FY25 view by 3c to $5.30. The firm sees acceleration potential ahead for the company given the optimization normalization in the second half of 2024 and continued Bedrock adoption, though it also warns that the consumer trade-down effect remains the largest variable in the second half...

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