Tag: stocks
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Jeff Bezos Loses $20 Billion This Week As Amazon’s Stock Tanks To Historical Lows
Amazon’s owner Jeff Bezos lost $20 billion this week as markets took their sharpest dive since the start of the pandemic. The drop came as a rection to the Federal Reserve adjusting its interest rates in response to rising inflation. As a consequence, the entire rechnology sector, which includes cryptocurrency, online gaming, and e-commerce took a…
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Jeff Bezos Sells One Million Amazon Shares Worth $3.1 Billion
[whohit]Jeff Bezos Sells One Million Amazon Shares Worth $3.1 Billion[/whohit]Amazon founder and CEO Jeff Bezos sold $3.1 billion worth of Amazon shares in the first few days of August, according to documents filed with the Securities and Exchange Commission. After taxes, the billionaire will take home an estimated $2.4 billion. His last large Amazon sell-off…
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Jeff Bezos adds $24 billion to his fortune
[whohit]Jeff Bezos adds $24 billion to his fortune[/whohit]This year may have brought about the largest health crisis in decades, but if you’re the owner of a business such as Amazon, you don’t need to worry. Though experts in finance across the world have predicted the recession brought about by the Covid-19 lockdown could be the…