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.

Futu News06:10

By 2029, one-third of all shipped servers will be accelerator servers according to TechInsights.

According to a report titled 'Data Center Compute Processors in Q1 2024' by TechInsights, accelerated servers will account for 16% of data center server shipments in 2024, and by 2029, one third of all shipped servers will be accelerator servers. TechInsights takes a technical perspective to kick off the focus series, emphasizing the key role of advanced packaging and chiplets in meeting market demands. These demands are primarily driven by accelerated computing and artificial intelligence (ai) pushing data centers.

Zhitong Finance20minutes ago

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.

Zhitong Finance11:27

As the mid-year financial report is approaching, AI stocks are facing the "financial Olympics". The consequences of failing to meet expectations will be severe.

The market has high hopes for AI technology giants, with second-quarter profits of AI six giants, including Nvidia, expected to grow by 30% year-on-year, far exceeding the 5% growth rate of the other 494 component stocks of the S&P 500. However, historical data shows that high-growth stocks with high valuations often face greater downside risk if they fail to meet expectations.

wallstreetcnJul 2 12:48

Tesla, Paramount Global, Annovis Bio, Eli Lilly, Amazon: Why These 5 Stocks Are On Investors' Radars Today

These are the top stocks that gained the attention of retail traders and investors throughout the day:

Benzinga11:38

Amazon's Stock Record as Jassy Approaches Three-Year CEO Anniversary

Yahoo Finance07:59