Amazon.com CEO Bezos sells about $2.5B in common stock » 18:2805/0505/05/21
In a regulatory filing,…
In a regulatory filing, Amazon disclosed that its Chairman/CEO Jeffrey Bezos sold about $2.5B in common stock in trades dated May 4th.
Amazon's AWS announces general availability of Amazon DevOps Guru » 14:4905/0405/04/21
Amazon Web Services, AWS,…
Amazon Web Services, AWS, an Amazon announced the general availability of Amazon DevOps Guru, a fully managed operations service that uses machine learning to make it easier for developers to improve application availability by automatically detecting operational issues and recommending specific actions for remediation. Informed by years of Amazon.com and AWS operational excellence, Amazon DevOps Guru applies machine learning to automatically analyze data like application metrics, logs, events, and traces for behaviors that deviate from normal operating patterns. When Amazon DevOps Guru identifies anomalous application behavior that could cause potential outages or service disruptions, it alerts developers with issue details to help them quickly understand the potential impact and likely causes of the issue, with specific recommendations for remediation. Developers can use remediation suggestions from Amazon DevOps Guru to reduce time to resolution when issues arise and improve application availability-all with no manual setup or machine learning expertise required. There are no upfront costs or commitments with Amazon DevOps Guru, and customers pay only for the data Amazon DevOps Guru analyzes. To get started with Amazon DevOps Guru, visit: aws.amazon.com/devops-guru As more organizations move to cloud-based application deployment and microservice architectures to scale their businesses, applications have become increasingly distributed, and developers need more automated practices to maintain application availability and reduce the time and effort spent detecting, debugging, and resolving operational issues. Application downtime events caused by faulty code or config changes, unbalanced container clusters, or resource exhaustion (e.g. CPU, memory, disk, etc.) inevitably lead to bad customer experiences and lost revenue. Companies invest a considerable amount of developer resources, time, and money to deploy multiple monitoring tools, often managed separately, and then have to develop and maintain custom alerts for common issues like spikes in load balancer errors or drops in application request rates. Setting thresholds to identify and alert when application resources are behaving abnormally is difficult to get right, involves manual setup, and requires thresholds that must be continually updated as application usage changes . If a threshold is set too high, developers don't see alarms until operational performance is severely impacted. When a threshold is set too low, developers get too many false positives, which they are prone to ignore. Even when developers get alerted to a potential operational issue, the process of identifying the root cause can still prove difficult. Using existing tools, developers often have difficulty triangulating the root cause of an operational issue from graphs and alarms, and even when they are able to find the root cause, they are often left without the right information to fix it. Each troubleshooting attempt is a cold start where teams must spend hours or days identifying problems, and this leads to time consuming, tedious work that slows down the time to resolve an operational failure and can prolong application disruptions. Amazon DevOps Guru's machine learning models leverage over 20 years of operational expertise in building, scaling, and maintaining highly available applications for Amazon.com
Amazon.com upgraded to Buy from Hold at R5 Capital » 14:2305/0405/04/21
R5 Capital analyst Scott…
R5 Capital analyst Scott Mushkin earlier this morning upgraded Amazon.com to Buy from Hold with a $4,245 price target. He argues that management's continued accelerated investments in infrastructure will "virtually eliminate any major direct competition in North America broadline/marketplace ecommerce." Amazon's "staggering amount of spending" should cut delivery times to less than a few hours on millions of products and "Amazon is the only company that will be able to deliver on this promise," according to Mushkin.
AWS announces general availability of Amazon FinSpace » 19:1205/0305/03/21
Amazon Web Services…
Amazon Web Services announced Amazon FinSpace, a purpose-built analytics service that reduces the time it takes FSI organizations to find, prepare, and analyze financial data from months to minutes. "Amazon FinSpace aggregates, catalogs, and tags data across an organization's data silos, making the data easily searchable by the entire organization," the company said. "The service includes a purpose-built managed Apache Spark analytics engine that contains over 100 data transformations commonly used in the capital markets industry to prepare data for analytics at petabyte scale. To make it easier for FSI organizations to meet their compliance requirements, Amazon FinSpace ensures that data access controls are enforced and usage is tracked at all times. Amazon FinSpace provides an easy-to-use web application that gives analysts at hedge funds, asset management firms, insurance companies, investment banks, and other FSI organizations access to the information they need and the ability to run powerful analytics on demand across all of their data. There are no upfront costs or commitments to use Amazon FinSpace, and customers only pay for the data stored, the users enabled, and the compute used to prepare and analyze data."
Fly Intel: Wall Street's top stories for Monday » 17:0105/0305/03/21
VZ, APO, GTN, MDP, BRK.B, BRK.A, EL, AMZN, OCGN, BNTX, PFE, VXRT, NVAX
The major averages had a…
Amazon says ad-supported streaming video reaches 120M monthly viewers, CNBC says » 16:2305/0305/03/21
Amazon said that its…
Amazon said that its ad-supported streaming video content currently reaches over 120M monthly users, CNBC's Megan Graham reports. The company noted that this is up from 20M monthly viewers of such content in January of last year, Graham says, noting that Twitch is one main driver of such growth. Reference Link
NFL accelerates start of Amazon's Thursday Night Football takeover by one year » 13:0605/0305/03/21
The National Football…
The National Football League announced that Amazon Prime Video will be the exclusive home of Thursday Night Football beginning with the 2022 season. "The NFL's original agreement with Amazon, announced as part of a larger series of media distribution deals this past March, had Amazon Prime Video distributing Thursday Night Football starting with the 2023 season. With this development, the 2021 season will be the last for Thursday Night Football on FOX. As part of the recent long-term media deals, FOX will continue to produce the National Football Conference package of Sunday afternoon games with a focus on America's Game of the Week, the most-watched show in all of television for the last 12 seasons and the most-watched NFL window for the last 20 seasons," the league announced. Reference Link
Precipio launches COVID-19 rapid antibody test on Amazon's business platform » 09:3205/0305/03/21
Precipio (PRPO) announced…
Precipio (PRPO) announced that it has successfully launched its COVID-19 rapid antibody test which tests for both IgG & IgM antibodies, on Amazon.com's (AMZN) business platform. Precipio holds the exclusive rights to distribute this product on Amazon's platform. The antibody test, which is manufactured in the USA by Nirmidas Biotech, of California, was the first US-based test to receive emergency use authorization by the FDA for point-of-care. The product is visible for sale on Amazon's website and app, per the EUA approval received for the test kit in December of 2020; however it may currently be purchased only by qualified medical point-of-care providers. Physicians and other medical facilities may now purchase these items directly from Amazon, and receive them within 2 business days.
Fly Intel: Top five weekend stock stories » 20:0505/0205/02/21
VZ, APO, DELL, GOOG, GOOGL, AMZN, FB, AAPL, MSFT, CURLF, GTBIF, TCNNF, CRLBF, AIMC, PGR, SHW, BAC, IHG, CROX, X, STLD, NUE
Catch up on the…
Catch up on the weekend's top five stories with this list compiled by The Fly: 1. Verizon (VZ) is nearing an agreement to sell its media division to Apollo Global Management (APO), a move that would jettison once-dominant online brands like AOL and Yahoo!, Bloomberg's Scott Moritz and Liana Baker reported, citing people familiar with the matter. A deal for Verizon Media could be announced as soon as Monday, the people said, adding that Verizon will keep a stake in the business. 2. Francisco Partners and TPG Capital have entered into a definitive agreement with Dell Technologies (DELL) to acquire Boomi, a leading provider of cloud-based integration platform as a service. The cash transaction is valued at $4B and is expected to close by the end of 2021, subject to customary closing conditions. Terms of the agreement were not disclosed. 3. Alphabet (GOOG), Amazon (AMZN), Apple (AAPL), Facebook (FB) and Microsoft (MSFT) performed better over the past year than anyone dreamed and are still a buy, Eric Savitz wrote in this week's edition of Barron's. While they aren't the raging bargains of a year ago, there's a case to be made that there are no better stocks to play the most important shifts in tech, the author added. 4. Aniplex and Fumination's "Demon Slayer" won the North American box office this weekend with $6.4M from 1,925 theaters for a 10-day domestic total of $34.1M. A week ago, the Japanese anime opened to $21M, which was the biggest domestic debut of all time for a foreign-language movie. 5. Curaleaf (CURLF), Green Thumb Industries (GTBIF), Trulieve Cannabis (TCNNF), Cresco Labs (CRLBF), Altra Industrial Motion (AIMC), Progressive (PGR), Sherwin-Williams (SHW), Bank of America (BAC), Intercontinental (IHG), and Crocs (CROX) saw positive mentions in this week's edition of Barron's, while U.S. Steel (X), Steel Dynamics (STLD), Nucor (NUE) were mentioned cautiously.
Tech's big five to continue to thrive, Barron's says » 10:3705/0105/01/21
GOOG, GOOGL, AMZN, AAPL, MSFT, FB
Alphabet (GOOG), Amazon…
Alphabet (GOOG), Amazon (AMZN), Apple (AAPL), Facebook (FB) and Microsoft (MSFT) performed better over the past year than anyone dreamed and are still a buy, Eric Savitz writes in this week's edition of Barron's. While they aren't the raging bargains of a year ago, there's a case to be made that there are no better stocks to play the most important shifts in tech, the author adds. Reference Link