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SEATTLE - Amazon Web Services, Inc. (AWS), a subsidiary of Amazon.com, Inc. (NASDAQ: AMZN), has announced the general availability of Amazon Aurora DSQL, a serverless, distributed SQL database designed to offer high availability and strong consistency across multiple regions. The announcement comes as Amazon maintains its position as a prominent player in the Broadline Retail industry, with robust financials including $650.31 billion in revenue and strong cash flows to cover its operational investments. According to InvestingPro analysis, Amazon operates with a moderate level of debt and maintains healthy financial metrics. The new database solution aims to eliminate trade-offs between latency and consistency, allowing developers to build applications that can scale without the operational overhead typically associated with database management.
Amazon Aurora DSQL promises up to four times faster read and write speeds compared to other popular distributed SQL databases, and it is compatible with PostgreSQL, easing the transition for developers. The service is now available in eight AWS regions, including US East (N. Virginia), US West (Oregon), Europe (Paris), and Asia Pacific (Tokyo), with plans to expand to additional regions.
The database service is engineered to automatically handle failure recovery, provide multi-region strong consistency, and scale read and write operations independently. This means that transactions written in one region are instantly reflected in others, ensuring that applications remain available without the need for manual provisioning, patching, or management of database instances.
Several customers and partners, such as ADP, DeNA, and Robinhood, have already started integrating Aurora DSQL into their systems, citing the benefits of its automatic scaling and active-active multi-region architecture. This expansion aligns with Amazon’s impressive 10.08% revenue growth over the last twelve months. InvestingPro data reveals that Amazon maintains a strong market position with an EBITDA of $126.14 billion, demonstrating its ability to invest in and scale new technologies. These features are particularly beneficial for handling large data volumes and maintaining transactional consistency across different geographic locations.
Aurora DSQL also introduces a Model Context Protocol server to facilitate interactions between customers’ generative AI models and their database through natural language, further simplifying tasks like performance analysis and test environment creation.
Users can begin using Aurora DSQL via the Aurora DSQL Console, with no upfront commitments required. The pricing model is based on the distributed processing units (DPUs) and storage used, with the first 100K DPUs and 1 GB of storage each month included free as part of the AWS Free Tier. For investors seeking deeper insights into Amazon’s growth strategy and financial outlook, InvestingPro offers comprehensive analysis with over 10 additional ProTips and detailed financial metrics in its Pro Research Report, available exclusively to subscribers.
This announcement is based on a press release statement from Amazon Web Services, Inc.
In other recent news, Nvidia is set to release its earnings report, which has sparked interest among investors as the company outperformed its peers in the Magnificent Seven, a group of large tech companies. Amazon has announced it will resume direct sales of Nike products, a significant move for the e-commerce giant as it seeks to expand its fashion business. This development follows Nike’s previous decision to halt sales on Amazon due to concerns about counterfeit products. Meanwhile, Craig-Hallum has lifted its price target for Magnite to $24, maintaining a Buy rating, indicating confidence in the company’s growth prospects and strategic partnerships with major platforms like Netflix and Disney.
Tesla and other Magnificent Seven stocks, including Nvidia and Amazon, saw a decline in premarket trading, reflecting a broader decrease in market risk appetite. Additionally, Citi has reaffirmed its Buy rating on Amazon, maintaining a $225 price target, driven by the company’s increased ad-supported viewership and engagement, particularly in live sports. The analyst noted a significant rise in Amazon’s advertising revenue projections, supported by factors such as reduced tariffs on Chinese goods and expanded marketing strategies. These recent developments highlight key movements and strategic decisions impacting these major companies.
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