Key Points
Amazon.com founder Jeff Bezos will sell up to 50 million shares in the online retail and cloud services firm over the next one year, according to a company filing on Friday...
The sale plan, which is subject to certain conditions, was adopted on Nov. 8 last year and will be completed by Jan. 31, 2025, according to the company's latest annual report..
Amazon shares ended nearly 8% higher on Friday after the e-commerce heavyweight reported higher-than-expected sales for the holiday quarter and its lucrative cloud business signaled early gains from AI-powered features...
You might be interested in
Jeff Bezos to sell up to 50 million Amazon shares by January-end next year, filing shows
03, Feb, 24The sale plan, which is subject to certain conditions, was adopted on 8 Nov last year and will be completed by 31 Jan 2025, according to the company's latest annual report.
Jeff Bezos sells roughly $2 billion of Amazon shares
10, Feb, 24(Reuters) - Amazon.com founder Jeff Bezos sold around 12 million shares of the online retail and cloud services firm for roughly $2 billion, according to a company filing on Friday, soon after laying
Amazon reports better-than-expected revenue and profits for Q2
04, Aug, 23Amazon's cloud unit AWS, which has been closely watched by investors, posted $22.1 billion in revenue.
MercadoLibre's Q2 profit doubles on higher sales volume, user growth
02, Aug, 23South American e-commerce giant MercadoLibre (MELI.O) reported on Wednesday a 113% rise in its second-quarter net income from a year earlier to $261.9 million, amid higher sales volume and an increase in users.
'I wanted to..': Jeff Bezos reveals why he stepped down as Amazon CEO
15, Dec, 23Amazon founder Jeff Bezos in a recent podcast revealed why he decided to step down as the CEO of the firm, and the next project he has poured himself into.
Ace investor and Berkshire Hathaway CEO Warren Buffett turns 93
30, Aug, 23Warren Buffett, CEO of Berkshire Hathaway, celebrated his 93rd birthday on August 30th. He is the fifth richest person in the world with a net worth of $118.3 billion. Buffett recently donated $27 million of Berkshire Hathaway stock to an unnamed charity, as part of his plan to give away his fortune. Berkshire Hathaway also disclosed new investments in homebuilders DR Horton, Lennar, and NVR. Buffett's investment wisdom continues to inspire investors globally.
Lucid sees 2023 EV production far below forecasts, shares dive 11%
22, Feb, 23Lucid Group Inc on Wednesday forecast 2023 production well short of analysts' expectations and reported a major drop in orders during fourth quarter, sending the electric carmaker's shares down 11% after hours.