RBC Capital First Take on Amazon.com (AMZN) Q3 2022 Earnings
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Amazon.com Announces Third Quarter Results
October 27, 2022 4:01 PM UTCSEATTLE--(BUSINESS WIRE)-- Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2022.
Net sales increased 15% to $127.1 billion in the third quarter, compared with $110.8 billion in third quarter 2021. Excluding the $5.0 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 19% compared with third quarter 2021. North America segment sales increased 20% year-over-year to $78.8 billion. International segment sales decreased 5% year-over-year to $27.7 billion, but increased 12% excluding changes in foreign exchange rates. AWS segment sales increased 27% year-over-year to... MoreAWS Announces Amazon Neptune Serverless
October 26, 2022 6:03 PM UTCNew serverless option for Amazon Neptune automatically scales graph database workloads to hundreds of thousands of queriessaving up to 90% compared to the cost of provisioning for peak capacity
LexisNexis Legal & Professional, Snap, and Wiz among customers using Amazon Neptune Serverless
SEATTLE--(BUSINESS WIRE)-- Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced Amazon Neptune Serverless, a new serverless option for Amazon Neptune that automatically scales to support unpredictable and business-critical graph database workloads.... More
Amazon Offers Customers a New Way to Pay This Holiday Season With Venmo—a Convenient, Easy-to-Use, and Secure Payment Option
October 25, 2022 9:01 AM UTCIn time for the holidays, U.S. customers will be able to place an order using Venmo as their payment method on Amazon.com and the Amazon mobile app
SEATTLE--(BUSINESS WIRE)--
Today, Amazon (NASDAQ: AMZN) announced that it will begin offering Venmo as a new payment option for orders placed on Amazon.com and the Amazon mobile app. This convenient, simple, and secure payment method will... More
SKIMS To Receive Inaugural Innovation Award presented by Amazon Fashion at the 2022 CFDA Fashion Awards
October 25, 2022 8:00 AM UTCKim Kardashian, Emma Grede, and Jens Grede to accept the award on behalf of the solutions-oriented brand.
NEW YORK--(BUSINESS WIRE)-- The Council of Fashion Designers of America is pleased to introduce the Innovation Award presented by Amazon Fashion at the 2022 CFDA Fashion Awards. The Innovation Award presented by Amazon Fashion is an opportunity to recognize a fashion visionary, leading with technology and innovation in branding/marketing, social media, customer engagement, performance, or product development, that shapes how customers are shopping for fashion.
This press release features multimedia. View the full... More
