Language:
US Stock News and Commentaries
Jeff Bezos Plans to Sell 15M Amazon Shares for USD4.1B
05 Aug 2026 08:27
After Amazon.com, Inc. (AMZN.US) shares set a record high on Monday (3rd), founder Jeff Bezos filed a plan to sell about 15 million shares worth about USD4.1 billion. The news weighed on the stock, which closed down more than 2% on Tuesday (4th).

Amazon posted strong results for 2Q, with growth in its cloud computing business beating, reinforcing investor confidence that its AI investments are translating into accelerating demand growth.

Amazon shares have cumulatively elevated about 20% YTD, exceling the S&P 500's 11% gain.
~

AASTOCKS Financial News
Website: www.aastocks.com
SG Top Picks
Stock & Type Code Strike(Call Level) Last Effective Gearing
AMZN (P) 11137 180 (-) 0.033 6.8 X

 

Information Provided byAAStocks Financial News [Disclaimer]
Subscribe Newsletter
Get the latest news from us by inputing your email address here.
(Please read our Privacy Policy)