Amazon

Amazon axes UK insurance business

Amazon launched its UK insurance portal in October 2022

Portal winds down in latest blow for Big Tech's personal finance ambitions

2 min read

The world's largest electric-car maker is among a host of targets for short sellers

Tesla shorts make $15bn in 2022 as investors dump electric vehicle stocks

Tesla and Lucid Motors' share prices dropped by over 70% last year, leaving shorts in pole position

3 min read

Meta plunged in premarket trading after a brutal growth forecast

Blue Whale’s Stephen Yiu on dumping Meta stock and why ‘it will get worse’

‘Facebook will face a lot of headwinds. It’s not something that will disappear,’ says manager of one of the UK’s top retail funds

4 min read

Stephen Yiu’s exit from Amazon comes after fellow UK fund manager Terry Smith recently acquired a stake in the company for his £29bn Equity fund

Blue Whale’s Stephen Yiu says he dumped Amazon holding as ‘inflation narrative’ weighs on outlook

Stephen Yiu, manager of the Blue Whale Growth fund, had held Amazon stock for four years

3 min read

Apollo looks to former Amazon executive to burnish ESG credentials

Private markets firm hires for another senior sustainability role.

2 min read

Facebook's content policy director Allison Lucas giving evidence to the Treasury Comittee

UK lawmakers probe Facebook over Instagram’s stock picking ‘finfluencers’

The tense discussion between MP Alison Thewliss and Allison Lucas, Facebook's content policy director, highlights challenges posed by social media for financial regulators

3 min read

'Speculation that has ensued around our specific plans for cryptocurrencies is not true', Amazon says

Bitcoin tumbles from $40,000 high after Amazon denies crypto plans

Tesla’s $23m bitcoin impairment leads to knock-on effect across cryptocurrencies

3 min read

Andy Jassy

Meet Andy Jassy, the Jeff Bezos acolyte who is taking over as Amazon’s CEO

Incoming chief executive turned Amazon’s cloud computing into company’s most profitable business

Amazon CEO Jeff Bezos is stepping down from his role and will instead take on the role of chair later this year

Jeff Bezos steps down as Amazon CEO to take on executive chair role

Jeff Bezos said he will focus his energy on new products and early initiatives

Is fintech’s obsession with female financial assistants sexist?

As the forefront of financial services, fintech has a responsibility to lead by example on gender equality

Zoom is among companies that have have seen their stocks tumble on news of promising vaccines

Why fund managers are piling into Zoom, Amazon as vaccine shows ‘not all tech is equal’

Before the pandemic, the Allianz Technology Trust didn't hold Zoom stock. Now, the video-conferencing company is one of its top 10 holdings

European Executive Vice-President Margrethe Vestager.

EU charges Amazon over anti-competitive use of merchant data

Preliminary conclusion found that Amazon has ‘illegally abused’ its dominant position in Germany and France

4 min read

Tesla, the electric carmaker led by Elon Musk, was identified as the company investors were most bearish about

Investors with $15tn are bearish on Apple, Moderna and HSBC but don’t mind betting on these other stocks

The world’s biggest asset managers and hedge funds have singled out tech giant Amazon and healthcare company Centene Corporation among their favourite stocks

2 min read

Sell mega-cap tech stocks, but only a few of them, UBS says

Investors should switch some Amazon shares to Chinese tech firms and UK equities

2 min read

EU politicians put billionaire Jeff Bezos on the spot over Amazon spying

In a letter co-signed by 36 Members of European Parliament, the lawmakers voiced their concerns about the company's methods

2 min read

UK watchdog whacks Amazon for late delivery of Deliveroo deal files

Amazon's failure to deliver meant 189 documents were sent to the watchdog after the due date

2 min read