The world’s third richest man Jeff Bezos, has sold off a cumulative $5.7 billion worth of Amazon shares since his wedding in June, as per the 10b5-1 trading plans submitted to the United States Securities and Exchange Commission (US SEC), according to a Bloomberg report. Filings with the US SEC showed that the 61-year-old billionaire…
Nvidia (NVDA) stock slid 4% Wednesday after Bloomberg reported that Trump administration officials are “exploring additional curbs” on Nvidia’s chip sales to China. Bloomberg’s report added that the talks are in the “very early stages.” The new restrictions would likely cover Nvidia’s H20 chips, which is a scaled-down product the chipmaker offers to meet existing…
STORY: Wall Street’s main indexes closed mixed on Monday, with the tech-heavy Nasdaq ending higher thanks to another surge in shares of Tesla. The Dow ended slightly lower, the S&P 500 gained about four-tenths of a percent and the Nasdaq added six-tenths. Tesla, whose shares have surged roughly 30% since the November 5th election, jumped…