RIT Capital Partners holds $73,562,376 worth of Amazon.com, Inc. (NASDAQ:AMZN) shares, representing 9.22% of its portfolio. With this, the company secures a spot on our list of billionaire Jacob Rothschild’s RIT Capital Partners: 9 stocks with huge upside potential.

Valued at a market cap of $2.3 trillion, Amazon.com, Inc. (AMZN) is a leading global technology company that operates in multiple industries, including e-commerce, cloud computing, advertising, digital streaming,

Amazon is reportedly planning to cut up to 15% of its HR staff as part of a new cost-cutting drive. The layoffs come as the company invests heavily in AI and data centers, even as it hires 250,000 seasonal warehouse workers ahead of the holidays.

Jeff Bezos says one of the best decisions he made while building Amazon.com Inc. (NASDAQ:AMZN) was to hire people smarter than him and treat them like tutors. Learning From Hires Became Jeff Bezos' Secret Edge Speaking at Italian Tech

Acquiring Netflix could give Amazon a platform to market Prime that it could find nowhere else, helping it protect its core business.

Billionaire philanthropist MacKenzie Scott has reduced the size of her stake in Amazon.com by 42% since last year, Bloomberg News reported on Tuesday, citing a regulatory filing.

Amazon.com Inc. is rolling out an updated version of its main artificial intelligence tool for business, the latest effort to grab a slice of the market for software designed to automate and speed up office work.