BRIEF-Saudi's Public Investment Fund Raises Share Stake In Amazon; Cuts Stake In Pinterest

Reuters
2025.05.15 16:33
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Saudi's Public Investment Fund has increased its stake in Amazon by 50.2%, now holding 1.2 million shares. It has reduced its stake in Pinterest by 25.4%, bringing it down to 4.1 million Class A shares. Additionally, the fund has dissolved its stake in Ballard Power Systems and raised its stake in Bloom Energy Corp by 16.8% to 3.8 million Class A shares. These changes in holdings are as of March 31, 2025, compared to the previous quarter ending December 31, 2024.