amazon stock

Jeff Bezos: Bezos sells $4 billion of Amazon stock in four trading days

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Jeff Bezos: Bezos sells billion of Amazon stock in four trading days

Jeff Bezos didn’t wait long to start cashing in on Amazon.com Inc.’s rally to start the year. Less than two weeks after disclosing a plan to dispose of as many as 50 million shares of the company he founded, Bezos has offloaded 24 million shares, worth more than $4 billion. The sales, revealed in regulatory … Read more

nvidia: Nvidia’s stock market value on verge of overtaking Amazon

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nvidia: Nvidia’s stock market value on verge of overtaking Amazon

Wall Street’s enthusiasm about artificial intelligence has Nvidia on the verge of becoming more valuable than Amazon for the first time in two decades, and the AI chipmaker is not far behind Google-owner Alphabet. A 40% surge in Nvidia so far in 2024 has elevated its market capitalization to $1.715 trillion as of mid-day trading … Read more