Amazon (AMZN, Financial) shares declined by 4.16%, with the current trading price at $202.675. This decline coincided with a broader market dip influenced by recent comments from Federal Reserve Chair Jerome Powell, which dampened expectations for a potential interest rate cut in December 2024. Amazon.com Inc (AMZN, Financial), listed on the NASDAQ, is currently trading…
Recently filed documents with the U.S. Securities and Exchange Commission (SEC) reveal that Amazon founder Jeff Bezos has sold Amazon (AMZN, Financial) shares valued at $1.2 billion. These transactions took place on two separate days, increasing his total stock sales for November to $2.7 billion. Since July, Bezos has sold a total of $4.4 billion…
China’s Economic Measures The market’s attention was largely focused on China during the past week, as the country’s officials announced a raft of measures aimed at boosting consumption, property demand, and stock market liquidity. The People’s Bank of China lowered its reserve requirement ratio, the repurchase rate, the medium-term lending facility rate, and hinted at…