SEATTLE–(BUSINESS WIRE)–Today, Amazon Web Services, Inc. (AWS), company (NASDAQ: AMZN), announced that Nationwide, a Fortune 100 insurance and financial services provider, is expanding its relationship with AWS and has selected AWS as its preferred cloud provider. As part of its company-wide digital transformation, Nationwide is moving key, business critical workloads to AWS, including more than 850 business and customer-facing applications, such as Claims, Personal and Commercial Insurance Policy Systems, and their flagship website Nationwide.com. Leveraging the breadth and depth of AWS’s advanced services, including analytics, database, machine learning, security, and serverless technologies, Nationwide is delivering deeper insights to its independent agents, financial professionals, and customer service associates to provide more personalized recommendations and customer service to their millions of customers.

Nationwide’s rapid move to the cloud is accelerated by AWS Enterprise Next, a program that pairs AWS experts with customer teams to create a long-term plan and key milestones to drive a company’s ongoing digital transformation. Through this 15-month engagement program, AWS experts and partners are working with Nationwide to create an on-site, cross-functional team to modernize Nationwide’s applications, IT environment, and operating practices. AWS Enterprise Next has already helped Nationwide build more than 60 applications in the cloud, including its Nationwide Small Business Advisory platform, an online experience that uses machine learning services like Amazon Textract (a machine learning service that automatically extracts text and data from scanned documents) to pull data from scanned forms and documents to automate the underwriting process for small business owners. In addition, the platform uses AWS’s machine learning-driven personalization service, Amazon Personalize, to tailor personalized insurance policy recommendations to small business customers in minutes. This is rapidly speeding up the time to get new policies into the hands of customers, providing greater assurance to small businesses, where insurance coverage is vital.

Leveraging AWS gives Nationwide the ability to introduce new resources like enhanced mobile applications and self-service financial planning, to customers much faster, getting these new ideas into the hands of customers in days, as opposed to the months it took previously. AWS analytics is also helping to reveal new insights related to application usage patterns, business trends, and customer preferences, allowing Nationwide to empower independent agents and financial professionals to make better, more personalized recommendations to customers based on the financial and insurance resources available. Going forward, Nationwide will also use Amazon SageMaker, AWS’s service for easily building, training, and deploying machine learning models quickly at scale, to help its data scientists enhance their performance in areas such as marketing analytics and risk assessment to accelerate the company’s life insurance policy processing.

“Our customers’ needs and expectations of how their insurance partner supports them are evolving rapidly and AWS has given us the agility that we need to quickly innovate and provide new services, while delivering the security, reliability, and performance that customers have come to expect from us for more than 90 years,” said Jim Fowler, CTO at Nationwide. “AWS has helped us move to the cloud quicker than we ever imagined possible, and their unmatched portfolio of services is transforming our business. AWS gives us the ability to reach new digital audiences who can access and consume our services through a variety of channels, and empowers our associates with next-generation tools and insights to enhance our customer service.”

“Combining Nationwide’s financial expertise with AWS’s proven performance and unmatched portfolio of services is enabling them to deliver powerful new financial tools to help them stay ahead competitively and remain a leader in serving customers,” said Greg Pearson, Vice President, Worldwide Commercial Sales at AWS. “Leveraging AWS, Nationwide can innovate and deploy new solutions while they are streamlining their business operations and processes on the backend. By building and running their most strategic platforms on AWS, Nationwide is positioning itself as a leading choice for life insurance and financial services for years to come.”

Amazon Web Services

For 14 years, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud platform. AWS offers over 175 fully featured services for compute, storage, databases, networking, analytics, robotics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), media, and application development, deployment, and management from 77 Availability Zones (AZs) within 24 geographic regions, with announced plans for 18 more Availability Zones and six more AWS Regions in Australia, India, Indonesia, Japan, Spain, and Switzerland. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com.

Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit www.amazon.com/about and follow @AmazonNews.

Nationwide

Nationwide, a Fortune 100 company based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the United States. Nationwide is rated A+ by both A.M. Best and Standard & Poor’s. An industry leader in driving customer-focused innovation, Nationwide provides a full range of insurance and financial services products including auto, business, homeowners, farm and life insurance; public and private sector retirement plans, annuities and mutual funds; excess & surplus, specialty and surety; pet, motorcycle and boat insurance

SEATTLE–(BUSINESS WIRE)–Today, Amazon Web Services, Inc. (AWS), company (NASDAQ: AMZN), and Standard Chartered Bank plc (LON: STAN), a leading international banking group, announced a five year, strategic global agreement, which deepens the existing relationship between the two companies, and includes the bank running its strategic banking systems and customer facing applications on AWS. Standard Chartered Bank is collaborating with AWS to drive its digital transformation and deliver new personalized banking services in the bank’s 60 markets worldwide. Using AWS’s reliable infrastructure and cloud services across its entire business will enable the bank to be more responsive to customer needs and create new applications. Standard Chartered will adopt AWS to improve resiliency, security, and privacy, while meeting compliance requirements across the bank’s global footprint.

Adopting a cloud-first approach, Standard Chartered will use the breadth and depth of AWS services, including database, containers, compute, networking, storage, and security, to reinvent the digital banking experience, accelerating the design and deployment of new applications and digital services for its individual and corporate clients. Standard Chartered is using Amazon Elastic Kubernetes Service (Amazon EKS) to run significant applications and quickly introduce new services with the utmost security, reliability, and scalability. For example, the bank launched its nexus banking-as-a service solution and Mox, its new virtual bank in Hong Kong, on AWS and continues to leverage AWS services to add new functionality to both. The bank’s award-winning global payments system, SC Pay, and core banking system, eBBS, are cloud-native services that use Amazon Aurora, a cloud-native relational database, to store details of banking and e-commerce transactions, including micropayments, resulting in faster and more secure transfer of funds with reduced cost per transaction. Standard Chartered’s Financial Market business, which includes risk management, financing, and investment services, uses AWS to run algorithms that assess market risk and leverages Amazon Elastic Compute Cloud (Amazon EC2) to enable the bank to flexibly scale up those workloads during peak demand.

“Our continued work with AWS demonstrates our commitment to putting innovation and security at the heart of Standard Chartered’s digital transformation strategy,” said Dr. Michael Gorriz, Group Chief Information Officer of Standard Chartered. “A cloud-first strategy allows us to be more agile and client-focused so our customers have better experiences and faster access to innovative new products. At the same time, we are improving our operational efficiency and resilience by using the best-in-class security, privacy, and compliance delivered through cloud infrastructure. We are pleased to collaborate with AWS as a long-term strategic cloud provider and take advantage of their broad portfolio of cloud services and proven expertise to bring secure cloud solutions to the financial services industry.”

“Adopting a cloud-first approach makes our vision for next generation financial services – like virtual banking, next-generation payments, open banking, and banking as a service – a reality,” said Bhupendra Warathe, Chief Technology Officer, Cloud Transformation, Standard Chartered. “A significant number of Standard Chartered’s flagship applications, like our core banking system, eBBS, global payment system, SC Pay, as well as our new digital banking services, Mox and nexus, are already cloud-native. We look forward to our continued partnership with AWS to deliver new products and solutions to our clients across the 60 markets we serve.”

“Standard Chartered Bank has been a trusted financial institution for the last 160 years and we are pleased that they have selected AWS as a strategic cloud provider to drive their digital transformation, while operating more efficiently and securely in the cloud,” said Frank Fallon, Vice President, Financial Services at Amazon Web Services, Inc. “With this agreement, Standard Chartered is relying upon the most secure, reliable, and flexible cloud computing environment in the world. AWS’s unparalleled experience in powering global financial institutions will enable Standard Chartered to transition to the cloud with confidence and innovate faster than ever before.”

For 14 years, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud platform. AWS offers over 175 fully featured services for compute, storage, databases, networking, analytics, robotics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), media, and application development, deployment, and management from 77 Availability Zones (AZs) within 24 geographic regions, with announced plans for 15 more Availability Zones and five more AWS Regions in India, Indonesia, Japan, Spain, and Switzerland. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com.

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfilment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon

Overview: Day Trading vs. Swing Trading

For anyone entering the world of stock trading, one of the first decisions to make is whether to pursue day trading or swing trading. While both strategies share the same ultimate goal — generating profit — they differ significantly in approach, time commitment, and the technical tools they rely on.

• Day traders open and close positions within a single trading session, relying heavily on intraday charts, momentum indicators, and tight risk controls.
• Swing traders hold positions over several days or weeks, using broader technical patterns and fundamental catalysts to time their entries and exits.

Choosing the right strategy depends on several personal and financial factors, including available time, account size, risk tolerance, skill level, and psychological temperament. Neither approach is universally superior — the right fit depends on the individual trader.

Splunk Inc. (SPLK): Company Snapshot

Splunk Inc. is a US-based technology company operating in the Application Software industry within the broader Technology sector. As of the trading session on Monday, June 10, 2019, the following figures were reported:

• Last closing price: $118.51
• Daily change: +6.44%
• Market capitalisation: $17.50 billion
• Earnings Per Share (EPS): -$2.11
• Shares outstanding: 147.68 million

Shares outstanding refers to all authorised, issued, and investor-held shares of a corporation. This figure equals issued shares minus treasury shares, and it includes both publicly available float and any restricted shares held by insiders or company officers.

Performance Review

Looking at SPLK’s price performance across multiple timeframes as of the report date:

The mixed performance across timeframes suggests a stock experiencing significant short-term volatility against a backdrop of modest longer-term gains. The analyst consensus recommendation for SPLK stood at 1.9 on a standard scale (where 1 = Strong Buy and 5 = Strong Sell), indicating a generally bullish outlook from the analyst community.

Technical Analysis Indicators

Volatility and Beta

Volatility measures the degree of variation in a security’s price over time. It can be expressed using standard deviation or variance relative to a benchmark index.

• Average True Range (ATR): 5.19 — indicating the average daily price range, useful for setting stop-loss levels.
• Beta: 2.05 — meaning SPLK historically moves roughly twice as much as the broader market. High beta implies higher risk and reward potential.
• Weekly volatility: 3.45%
• Monthly volatility: 3.80%

EPS Growth Projections

Earnings Per Share (EPS) is the portion of a company’s profit allocated to each outstanding common share. It is a primary indicator of financial health and profitability.

• EPS growth (coming year): 31.1%
• EPS for prior 5 years: -20.3%
• EPS forecast for next 5 years: 35.1%

While Splunk reported a negative trailing EPS of -$2.11 at the time, the forward-looking EPS growth figures suggest analyst expectations of significant improvement in profitability, consistent with a growth-stage software company investing heavily in market expansion.

Price Target

The consensus analyst price target for SPLK was set at $151.66, representing meaningful upside potential from the June 10 closing price of $118.51 — approximately a 27.9% premium.

Profitability Ratios

Profitability ratios help investors assess how efficiently a company generates earnings relative to its assets, equity, and invested capital.

• Return on Equity (ROE): 0%
• Return on Assets (ROA): 0%
• Return on Investment (ROI): -8.4%
• Relative Strength Index (RSI): 44.55

An RSI reading of 44.55 places SPLK in neutral territory — below the overbought threshold of 70 and above the oversold threshold of 30. This suggests the stock was neither showing excessive buying pressure nor distressed selling at the time of the report.

Simple Moving Averages (SMA)

Simple Moving Averages (SMAs) are widely used to identify trend direction and potential support or resistance levels. The distance of a stock’s current price from its key SMAs provides context on momentum:

The negative distances from the 20-day and 50-day SMAs indicate the stock was trading below these shorter-term averages at the time, suggesting bearish near-term momentum. However, the stock was still marginally above its 200-day SMA (+0.63%), which many long-term investors regard as a key dividing line between bull and bear phases.

Summary

As of June 10, 2019, Splunk Inc. (NASDAQ: SPLK) presented a mixed but broadly constructive technical picture. The stock showed strong short-term price action (+6.44% on the day, +8.67% weekly) despite lagging key short-term moving averages. High beta (2.05) and elevated volatility made it a candidate for active traders rather than conservative, income-focused investors. Forward EPS growth expectations and a price target well above the prevailing price reflected analyst optimism about Splunk’s long-term trajectory as an enterprise data platform.

This article is based on a historical report from June 2019. All figures are time-sensitive and should not be used for current investment decisions. Always conduct your own due diligence or consult a qualified financial adviser.