Michael Burry's Scion Asset Management scoops up shares of Alphabet, Amazon

Michael Burry's Scion Asset Management scooped up shares of Alphabet Inc. GOOGL and Amazon.com Inc. AMZN during the fourth quarter of 2023, part of a shopping spree that saw his fund open positions...

Jeff Bezos sells $2 billion worth of Amazon stock

Billionaire Jeff Bezos conducted a slew of stock sales on Friday and Monday, offloading nearly 12 million of his Amazon shares, an SEC filing showed Wednesday.

7 Tech Stocks to Buy Amid the Flying Pink Slips

It's always rough to deal with layoffs but if you're looking at tech stocks to buy from a pure profit standpoint, reduced spending on either non-core units or businesses that just don't pass muster...

Italy fines BAT, Amazon over heated tobacco ads

Italy's competition authority on Wednesday fined British American Tobacco's Italian division six million euros ($6.4 million) and Amazon one million euros for misleading advertising of a heated tob...

Best Stock to Buy Right Now: Amazon vs. Disney

Thanks to an expanded logistics network, Amazon is getting products to customers faster. After a challenging few years, Disney is on its way to operating a profitable streaming business.

The Markets Today: Nvidia Surpasses Amazon in Market Cap Ranking

Nvidia overtakes Amazon in market value at $1.78 trillion, driven by strong demand for its cutting-edge AI semiconductors and robust growth.

Amazon, British American Tobacco fined in Italy over smoking-device ads

Italy's competition watchdog fined Amazon.com AMZN and British American Tobacco UK:BATS, saying the companies had misled consumers when advertising heated-tobacco devices without stressing potentia...

Jeff Bezos Sold Another $2 Billion of Amazon Stock. Why It May Be Good Timing.

The former CEO sold 12 million shares in a series of sales between Friday and Monday, according to filing late Tuesday. The stock fell more than 2% Tuesday.

Nvidia Stock Gains. Why It Can Cement Its Lead Over Amazon.

Nvidia was rising early on Wednesday as the technology sector looks to recover from the shock of a higher-than-expected inflation reading. The chip maker was set to cement its newfound lead over Am...

Amazon's Bezos banks $4bn from share sales

The world's second-richest man is cashing in some of his chips in the business he founded, netting $4 billion in the process. According to regulatory filings, Amazon.com Inc (NASDAQ:AMZN, ETR:AMZ) ...

Italy's antitrust fines BAT and Amazon for misleading advertising on heated tobacco

Italy's antitrust agency AGCM said on Wednesday it handed a 7-million-euro ($7.5 million) fine to British American Tobacco (BAT) and Amazon for misleading advertising on heated tobacco products.

Amazon hit with lawsuit over controversial move to show ads on Prime Video

The lawsuit comes about a week and a half after the company started automatically showing limited ads to US subscribers.

Jeff Bezos unloads another $2 billion of Amazon stock. He's sold $4 billion this month.

Amazon.com Inc. founder and executive chair Jeff Bezos continues to sell stock, dumping another $2 billion as part of a trading plan.

Nvidia closes with a market cap above Amazon's for first time since 2002

The chip company hadn't finished a trading session worth more than the e-commerce powerhouse in nearly 22 years, but it achieved the milestone Tuesday — after flirting with the feat a session earlier.

U.S. judge sets October 2026 trial date for FTC suit against Amazon

A U.S. federal judge on Tuesday set an October 2026 trial date for a Federal Trade Commission antitrust lawsuit against Amazon.com.


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