Amazon.com Inc
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Consumer Discretionary : Internet & Direct Marketing Retail | Large Cap Growth
Company profile

Amazon.com, Inc. offers a range of products and services through its Websites. The Company's products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It also manufactures and sells electronic devices. It operates through three segments: North America, International and Amazon Web Services (AWS). Its AWS products include analytics, Amazon Athena, Amazon CloudSearch, Amazon EMR, Amazon Elasticsearch Service, Amazon Kinesis, Amazon Managed Streaming for Apache Kafka, Amazon Redshift, Amazon QuickSight, AWS Data Pipeline, AWS Glue and AWS Lake Formation. AWS solutions include machine learning, analytics and data lakes, Internet of Things, serverless computing, containers, enterprise applications, and storage. In addition, the Company provides services, such as advertising. It also offers Amazon Prime, a membership program that includes free shipping, access to streaming of various movies and television (TV) episodes.

Closing Price
$2,960.47
Day's Change
5.56 (0.19%)
Bid
--
Ask
--
B/A Size
--
Day's High
2,962.00
Day's Low
2,871.00
Volume
(Average)
Volume:
6,117,925

10-day average volume:
5,911,930
6,117,925

Comcast's NBCUniversal has started laying off employees--WSJ report

12:32 pm ET August 4, 2020 (MarketWatch)
Print

Comcast Corp.'s (CMCSA) NBCUniversal has started laying off employees across its entertainment portfolio, including its sports and cable channels, movie studio and theme parks, according to a report in The Wall Street Journal (https://www.wsj.com/articles/comcast-corp-s-nbcuniversal-unit-begins-layoffs-across-its-entertainment-portfolio-11596555800). The job cuts are expected to be held to less than 10% of staff, which totals 35,000 full-time employees, the WSJ report said, which cited people familiar with the matter. The layoffs comes after months of speculation, as the media company grappled with the effects of the COVID-19 pandemic, which included theme park closures, the postponement of movie releases and declines in advertising at its TV properties, the report said. Comcast's stock, which rose 0.4% in midday trading, has lost 4.3% year to date, while the S&P 500 has gained 2.1%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

August 04, 2020 12:32 ET (16:32 GMT)

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