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 $169.50 each.

This process began on February 7 and 8, when Bezos disposed of another 12 million shares. It continued its sales frenzy on February 9 and February 12, liquidating another 12 million shares. These transactions coincide with a 13% increase in Amazon’s stock value since the beginning of the year.

Bezos could continue to move chips, as it has sold a total of $6 billion in shares during this month of February, reducing its stake in the company by 2%.

However, it seems that the sales have not yet been completed. According to a previous report, Bezos proposed to sell 50 million shares of Amazon, with an estimated value of $8.4 billion.

This stock sale could also boost Bezos’ net worth, allowing him to regain his position as the richest person in the world.

Recall that Jeff Bezos ranked first in Forbes’ ranking of the world’s billionaires from 2018 to 2021. It currently ranks third on this prestigious list, with an estimated net worth of $168.4 billion for January 2024.

K. Tovar

Source: Bancaynegocios

(Reference image source: @Ivan_Bolsa, X)

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Samsung is preparing a new Galaxy Unpacked product event that will be held on Wednesday, February 1^st, in person, for the first time after the pandemic, in which the new Galaxy S series is expected to be presented.

The event, which will take place at the Masonic Auditorium in San Francisco at 7:00 p.m. in peninsular time (at 10:00 a.m. local time), will announce the company’s news in what Samsung has described as “the new era of Galaxy Innovation”. In addition, it will also be broadcast live through its website.

Specifically, the high-end Galaxy S series will be the focus of the presentation, as these devices will represent the definition of “the ultimate premium experience.” This will unveil the new flagship device that will be the successor to the Galaxy S22.

From what the company has shared so far, the news will focus mainly on camera improvements. As Samsung teaches in a promotional video, the smartphone will include three sensors that promise high-quality night photos “even in very low light.”

In addition, they also ensure improvements in the resolution of images with megapixels that will amaze.

Samsung Electronics has already presented some new products that will hit the market this year at the CES consumer electronics fair, as well as prototypes that bring together the latest innovations from the South Korean brand, with special emphasis on the television sector.

Source: dpa

(Reference image source: dpa)

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The ministers of the Organization of Petroleum Exporting Countries (OPEC) and the representatives of the allied producers, led by Russia, who together form the so-called OPEC +, have agreed to go ahead with the gradual increase in the supply of crude oil by 400,000 barrels per day to February 2022, as contemplated in the roadmap agreed in July 2021.

In their virtual meeting this week, the representatives ratified the agreements for the rebalancing of the oil markets discussed in July, when they set a monthly rate of increase of 400,000 barrels until eliminating the adjustment of 5.8 million barrels per day implemented in response to the crisis caused by the coronavirus pandemic.

After a meeting by videoconference, the ministers decided to “reconfirm the production adjustment plan and the monthly adjustment mechanism approved at the XIX OPEC and non-OPEC Ministerial Meeting and the decision to adjust up the general monthly production by 0.4 million euros barrels per day for the month February 2022 “.

After the OPEC + decision was known, the price of a barrel of Brent crude, a reference for Europe, exceeded the threshold of 80 dollars, after closing on Monday at 78.98 dollars, while WTI crude, a reference for States United, it was trading above $ 77, down from $ 76.08 on Monday.

K. Tovar

Source: LaRepublica

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