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Amazon

Amazon will join the Dow Jones Industrial Index, which brings together 30 of the largest companies in the United States. In this change, Amazon will replace the titles of the Walgreens Boots Alliance pharmacy chain, which had joined Wall Street's most popular select in 2018. The decision to include…
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Jeff Bezos sold a large portion of Amazon stock

According to a report by the U.S. Securities and Exchange Commission (SEC), Jeff Bezos sold Amazon shares for approximately $2 billion between February 13 and 14. Specifically, the sale consisted of 12 million shares at an average price of…

Amazon earnings grew 12 % in 2023

E-commerce giant Amazon posted a staggering net profit of $30.425 billion in fiscal year 2023, marking a notable rebound after a challenging year in which investments in Rivian resulted in losses of $2.7 billion. Under the leadership of…