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European Commissioner for Violation of EU Treaties Margrethe Vestager reacts during a news conference on the approval of the Hutchison-Vimpelcom deal at the European Commission in Brussels, Belgium September 1, 2016.

Amazon slides as the EU puts more tech giants in its regulatory sights

At a press conference in Brussels on Wednesday, Margrethe Vestager, the EU's competition commissioner, answered a question from a journalist about whether the EU suspected Amazon of committing antitrust violations.

Amazon’s new feature shows it’s becoming ‘more mall than retailer’

Amazon unveiled its new online store, "Amazon Storefronts," for customers looking to buy exclusively from US-based businesses.
Amazon CEO Jeff Bezos holds up the new Kindle Fire HD 7" and Kindle Fire HD 8.9" (L) during Amazon's Kindle Fire event in Santa Monica, California September 6, 2012.

Amazon becomes the 2nd US company to join the $1 trillion club

Such astronomical growth from a small, Seattle book seller to one of the world’s biggest companies has made its founder and chief executive, Jeff Bezos, easily the richest man in the world. The 54-year-old is now worth $166 billion, according to Bloomberg’s billionaires index.
Jeff Bezos, chief executive officer of Amazon, arrives for the third day of the annual Allen & Company Sun Valley Conference, July 13, 2017 in Sun Valley, Idaho.

Amazon dethrones Tesla as the stock short sellers hate the most

Amazon's stock is now more heavily bet against than Tesla's, according to data from S3 Partners. The e-commerce giant dethroned Elon Musk's car company Thursday as the most heavily shorted stock as shares climbed above $2,000 for the first time.

An overlooked line in Amazon’s earnings release could mean it wants re-enter the phone market after its $170 million Fire Phone disaster

Amazon's first attempt with Fire Phone famously went up in smoke in 2015 after disappointing sales caused the e-commerce giant to take a $170 million write down and cease production of the products altogether.
Jeff Bezos.

‘Web Services was the star of the show yet again’: Here’s what Wall Street is saying about Amazon’s record earnings

Amazon Web Services helped fuel Amazon's largest ever quarterly profit in its more than two decades as a public company.

Millennials are snapping up Amazon ahead of earnings

Young investors on the stock-trading app Robinhood are loading up on Amazon ahead of the e-commerce giant's second-quarter results.

Amazon just hit an all-time high as Prime Day kicks off

Prime Day is expected to bring in $3.6 billion in sales, one analyst estimates, up from $2.4 billion the previous year as Amazon's subscription service continues to be the bedrock of its growth.

Amazon’s Prime Day is set to be $1.2 billion bigger than last year, analyst says

Daniel Ives of GBH Insights estimates Amazon Prime Day will rake in $3.6 billion in sales over the course of the 36-hour promotion. "It's just another ingredient in Amazon's recipe for success," he said in an interview Monday.

Nike’s competitive advantage is a lot like Amazon’s

Nike has a big advantage over its competition, according to Nomura Instinet analyst Simeon Siegel. The sneaker giant can simply outspend other sports-apparel retailers, Siegel wrote in a note out to clients. In that sense, Nike reminds Siegel of Amazon.