Flash News
A 1.6 percent drop in front of the Amazon to sell nearly $4.1 billion in holdings
ON 4 AUGUST, THE AMAZON DROPPED BY 1.6 PER CENT, REPORTING $279,488. THE LATEST REGULATORY DOCUMENTS INDICATE THAT THE FOUNDER OF THE COMPANY, BESSOS, PLANS TO SELL 15 MILLION AMAZON SHARES, CURRENTLY VALUED AT APPROXIMATELY $4.07 BILLION, WITH A PROJECTED DATE OF 3 AUGUST. DRIVEN BY THE OPTIMISM SURROUNDING THE ACCELERATED GROWTH OF CLOUD OPERATIONS AND THE STRONG DEMAND FOR AI, AMAZON STOCK PRICES ROSE BY MORE THAN 4.5 PER CENT ON MONDAY, AT AN ALL-TIME HIGH OF $3 TRILLION FOR THE FIRST TIME。
