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Form 144 | Amazon(AMZN.US) Director Proposes to Sell 4.93 Billion in Common Stocks
SEC FILLINGS DISCLOSED/ Jul 2, $Amazon(AMZN.US)$ Director Jeffrey P. Bezos intends to sell 25 million shares of its common stock on Jul 2, with a total market value of approximately $4.93 billion.
Sector Update: Tech
Tech stocks were higher Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 1.2% and the SPDR S&P Semiconductor ETF (XSD) up 1.4%. The Philadelphia Semiconductor index climbe
Resona: AI promotes the accelerated development of Amazon's (AMZN.US) cloud computing business and reaffirms the "shareholding" rating.
Nomura believes that Amazon's cloud computing department is accelerating its development with the promotion of AI.
Top Midday Stories: Southwest Board Approves Shareholder Rights Plan; National Amusements Agrees to Preliminary Deal to Sell Paramount to Skydance; Ozempic, Wegovy Linked to Blinding Eye Condition, Study Says
The S&P 500 and the Nasdaq Composite were both up in late-morning trading Wednesday while the Dow Jones Industrial Average was down as investors prepare for another big jobs report Friday. In company
Here's Why Evercore ISI's Mark Mahaney Favors Amazon
Daheng Rating | Nomura: Reaffirming the target price of $240 for Amazon AWS is accelerating its development.
On July 3, Glonhui | Nomura stated that a recent survey showed that Amazon's most important cloud computing department, Amazon Web Services (AWS), is accelerating its development. Nomura analyst James Lee said the survey was conducted in collaboration with a "leading" channel partner and showed that the sales cycle was accelerating. The survey shows that this year's category spending mix for enterprises has remained largely unchanged, continuing to shift towards infrastructure, indicating a "strong" pipeline for workload migration and database upgrades. The generative artificial intelligence project is approaching a "turning point," with external models six months away from commercial deployment. L