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amazon

  • Amazon rolls out UK’s biggest electric truck fleet amid government push

    November 4, 2025

    Amazon has begun rolling out the first of its largest-ever UK electric heavy-goods vehicles (eHGVs), with 160 trucks set to join its British fleet over the coming months. The first of the new 40-tonne Mercedes-Benz eActros 600s is set to hit the road this week, delivering parcels between Amazon’s logistics hubs nationwide. The fleet is [...]

  • Apple and Amazon defy Wall Street gloom on iPhone and cloud sales

    October 31, 2025

    Tech behemoths Apple and Amazon have defied expectations with results that outshone Wall Street forecasts, rounding off a big week of earnings from the world’s most powerful firms. Both companies posted double-digit revenue growth and upbeat outlooks, calming investor nerves after a rocky few days for the wider tech sector. While Apple reported a surge [...]

  • Nvidia hits historic $5tn market cap

    October 29, 2025

    AI and chips behemoth Nvidia has smashed another record valuation, with its $5tn market cap that puts it well clear of the GDP of Germany – the fourth biggest economy in the world. Shares in Nvidia jumped up 3.5 per cent in premarket trading, amid a surge in investor enthusiasm for AI.  Nvidia’s surge followed [...]

  • Will Big Tech earnings pop the AI bubble?

    October 28, 2025

    This week, the world’s most powerful firms, Microsoft, Meta, Alphabet, Amazon and Apple, will announce their quarterly results, which could either propel Wall Street to new highs or puncture the AI so-called ‘bubble’. Together, these five firms make up a quarter of the S&P 500’s value, and have collectively added over $6tr (£4.5tr) to their [...]

  • Amazon to cut 10 per cent of workforce amid AI pivot

    October 28, 2025

    Amazon is preparing to axe as many as 30,000 corporate jobs worldwide this week, in what could mark its largest round of layoffs since 2022. The Seattle-based technology giant plans to begin cuts as soon as Tuesday, according to Reuters, targeting around 10 per cent of its 350,000-strong corporate workforce. Amazon employs more than 1.5 [...]

  • Eon Productions’ James Bond pay day revealed

    October 23, 2025

    Eon Productions received $20m (£15m) from the sale of the James Bond franchise earlier this year, it has been revealed for the first time. In February, James Bond producers Barbara Broccoli and Michael G. Wilson agreed to sell creative control to Amazon MGM Studios for a reported $1bn. Exact financial terms of the deal, which [...]

  • Apple hit with new antitrust complaint amid Big Tech scrutiny

    October 22, 2025

    Apple has been hit with a new antitrust complaint in Brussels in the latest blow to the tech giant as global regulators tighten their grip on Big Tech. The joint complaint, filed on Wednesday, alleges that Apple’s App Store rules and device terms of service violate the new digital competition regime. It has been filed [...]

  • Evri and Yodel named worst parcel deliverers again

    October 22, 2025

    Evri and Yodel have once again been named as the two worst parcel delivery companies in the UK for customer satisfaction, according to a new survey. In regulator Ofcom’s annual survey, Evri posted a dissatisfaction score of 41 per cent with Yodel second worst on 33 per cent. Yodel and Evri only managed satisfaction scores [...]

  • AI bubble will burst unless businesses can grow 25 times the size of Amazon

    October 21, 2025

    When numbers get large enough they cease to make sense, and the scale of investment in AI is already dwarfing the dotcom bubble, says Chris Clothier Scarcely a day goes by without a new announcement of a huge sum of money to be spent on AI. In early October, Open AI, the company behind ChatGPT, [...]

  • Oaktree Capital co-founder voice doubts that macroeconomic fears caused gold’s rally

    October 20, 2025

    Howard Marks, co-founder of investment firm Oaktree Capital, has voiced his scepticism over gold’s rallying run, believing economic conditions have not caused the surge and there is “no intelligent way to assess the intrinsic value”. Speaking on The Master Investor podcast with Wilfred Frost, Marks attributed the precious metal’s long standing run to popularity, believing [...]

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