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Cash out again! As Amazon's market cap exceeds 2 trillion, Bezos will sell about $5 billion worth of stocks.
According to the latest regulatory disclosure, Bezos is expected to sell 25 million shares of Amazon stock worth $4.9 billion in July this year; at this time, Amazon's stock price is at a new high. Last month, Amazon's market cap exceeded $2 trillion. This potential sale will bring the total amount of stocks sold by Bezos this year to over $13.4 billion.
Nasdaq, S&P 500 Rise in Midday Friday Trading After June Jobs Report
The Nasdaq and S&P 500 rose, and government bond yields dropped in midday trading on Friday as investors digested the June jobs report. The Nasdaq advanced 0.8% to 18,337.73, and the S&P 500 gained 0.
Andy Jassy Has Been CEO of Amazon for 3 Years. How the Stock Has Performed. -- Barrons.com
By Emily Dattilo Amazon CEO Andy Jassy has been at the helm of the tech giant for three years. While the stock has risen with him as chief, the shares haven't been immune to some rough patches. Sinc
Amazon (AMZN.US) will build three datacenters in Australia to store confidential data.
Amazon (AMZN.US) will cooperate with the Australian government to develop cloud data systems to process confidential data. The Australian government stated that this cooperation will enhance Australia's internet capabilities and deepen security cooperation with the United States. Australian Deputy Prime Minister Richard Marles announced the establishment of a partnership with Amazon's AWS at a press conference in Canberra and stated that the government will invest at least 2 billion Australian dollars in the new system over the next decade. According to the agreement, Amazon will build three data centers across Australia to store confidential data from the Australian defense and intelligence institutions.
Live On CNBC, Josh Brown Makes Bull Case For Amazon.com
Live On CNBC, Josh Brown Makes Bull Case For Amazon.com
Amazon Sent EU Information Request on Data Privacy Law Compliance
Goldman Sachs' Pasquariello: This Is How Market Breadth Is Expected to Broaden
Performance Comparison: Amazon.com And Competitors In Broadline Retail Industry
In today's rapidly evolving and fiercely competitive business landscape, it is crucial for investors and industry analysts to conduct comprehensive company evaluations. In this article, we will undert
Amazon (AMZN) Up 30.1% YTD on Retail Strength: Should You Buy?
US stock pre-market: the three major indices have mixed gains and losses, with large tech stocks generally rising, with Tesla, Apple, Amazon, and Microsoft all up more than 1%; China concept stocks fell across the board, with Xpeng down nearly 10% and NIO
The US stock market opened flat on Friday, and the three major stock indexes in the US will all record gains this week. The number of new non-farm jobs added in June in the United States fell sharply, and the unemployment rate unexpectedly climbed to 4.1%, reinforcing the reason for the Federal Reserve's interest rate cuts.
Amazon Takes a New Brick-and-mortar Approach With a Stake in Neiman Marcus
Tech Bull Shares Top Stock Picks For Second Half Of 2024 After AI-Fueled Rally: Do You Own These Stocks?
The technology sector, propelled by the impetus provided by artificial intelligence, was the driving force behind the first-half stock market rally. Despite growing fears of a correction, a bullish an
Saks Fifth Avenue Parent to Acquire Neiman Marcus in $2.65 Billion Deal; Amazon, Salesforce to Invest in Merged Company
The parent company company of Saks Fifth Avenue will acquire Neiman Marcus Group in a deal valued at $2.65 billion, while Amazon.com (AMZN) and Salesforce (CRM) will invest in a new operation created
4 Stocks to Watch on Friday: DFS, DJT and More
Sector Update: Consumer Stocks Advance Pre-Bell Friday
Consumer stocks were advancing pre-bell Friday, with the Consumer Staples Select Sector SPDR Fund (XLP) marginally higher and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.6%. Macy's (
Amazon Prime Vs. Walmart+ — Which Membership Is Worth the Cost?
EU Seeks Input From Amazon Over Digital Law Compliance
By Mauro Orru The European Union asked Amazon.com what steps the e-commerce giant is taking to ensure it complies with the bloc's sweeping digital regulation, as Brussels continues to scrutinize big
Today's Analyst Rating | Microsoft Price Target Raised to $480 by Raymond James, Apple Price Target Raised to $260 by Melius Research
Jul 5, Wall Street analysts have updated their stock ratings today including $Microsoft(MSFT.US)$ and $Apple(AAPL.US)$.
Amazon Web Services to Move Australia's Intelligence Data to Cloud
U.S. stock market preview: Heavyweight news! Non-farm data exceeds expectations, and the three major equity index futures jump; Fed "top three": there is still a long way to go to maintain the 2% inflation target.
The US earnings season will kick off next week, putting the US stock market to the test; the increase in US currency supply indicates a reversal of the concentration trend in the US stock market, and mid-small cap stocks may have opportunities; over 1 million chips will be shipped! Nvidia's sales in China are expected to reach $12 billion this year.