Latest News and Articles about Amazon
Jeff Bezos Sells $5.7B Amazon Stock: AI Push and Crypto Speculation Arise
Jeff Bezos Dumps $5.7 Billion in Amazon Stock: AI Bets, Timing, and a Crypto Wildcard? Jeff Bezos, the mastermind behind Amazon, has just cashed out a jaw-dropping $5.7 billion in stock, offloading 25 million shares right before the company’s earnings report on July 31. Executed under a pre-arranged 10b5-1 plan, this move—coupled with Amazon’s massive […]
Read MoreAmazon’s 2024 Emissions Spike 6%: AI Energy Hunger Rivals Bitcoin’s Carbon Footprint
Amazon’s Carbon Emissions Surge 6% in 2024: AI Power Demands Rival Bitcoin’s Energy Hunger Amazon, the tech and retail juggernaut, has stumbled hard on its green journey, reporting a 6% spike in carbon emissions for 2024, fueled by the ravenous energy demands of artificial intelligence (AI) data centers. This uptick, which shatters a three-year streak […]
Read MoreBitcoin Surges to 5th-Largest Asset, Overtakes Amazon at $110K
Bitcoin Surges Past Amazon to Become Fifth-Largest Global Asset – Bitcoin reaches new high of $110,000, market cap hits $2.205 trillion. – Institutional demand and favorable political climate fuel Bitcoin’s rise. – BlackRock’s iShares Bitcoin Trust (IBIT) sees massive inflows, holding 3.3% of all BTC. On Bitcoin Pizza Day, the cryptocurrency didn’t just celebrate its […]
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