Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ:AMZN), today announced the launch of the AWS Europe (Zurich) Region. Starting today, developers, startups, entrepreneurs, and enterprises, as well as government, education, and nonprofit organizations, will have even greater choice for running their applications and serving end users from data centers located in Switzerland, using advanced AWS technologies to drive innovation. AWS also released an economic impact study estimating that the company’s spending on the construction and operation of the new Region will support an average of more than 2,500 full-time jobs annually at external businesses in the Swiss data center supply chain, with a planned $5.9 billion (5.9 billion Swiss francs) investment through 2036. The AWS Europe (Zurich) Region will also add an estimated $16.3 billion (16.3 billion Swiss francs) to Switzerland’s gross domestic product (GDP) during the next 15 years.
Barclays Maintains Overweight on Ross Stores, Raises Price Target to $98
Barclays analyst Adrienne Yih maintains Ross Stores (NASDAQ:ROST) with a Overweight and raises the price target from $85 to $98.