The Dow Jones Industrial Average (DJIA) traded narrowly higher on Thursday. Jeff Bezos sold $3.1 billion in stock this week. A flurry of insider selling since July signals a “warning sign” for the markets. The stock market is fighting to eke out a fifth-straight day of gains on Thursday. The Dow Jones Industrial Average (DJIA)…
Amazon has leaped from strength to strength during the pandemic. Four analysts recently raised their AMZN stock price targets – two as high as $3,600. This means Jeff Bezos could be worth $210 billion within 12 months, though threats remain. Amazon (NASDAQ: AMZN) founder and CEO Jeff Bezos is already the richest person on planet…
Walmart’s e-commerce loyalty program will cost $98 annually. Amazon Prime costs $119. On perks alone, Walmart+ will find it hard to compete. Walmart’s narrower product range is another major disadvantage. Walmart (NYSE:WMT) is on the verge of unveiling a $98 membership program. It will be called Walmart+. The loyalty program is the big-box retailer’s answer…
Amazon just announced its new NHL Seattle arena will be named Climate Pledge Arena. The arena will be the first “net-zero carbon arena” in the world. Jeff Bezos is spearheading multiple projects that could have a massive environmental impact. Stop hating him because he’s rich. Jeff Bezos is far from perfect. But he’s far from…
Needham sees Amazon nearly doubling its share price in the long-term. In 2020, Amazon has been one of the best-performing stocks on the NASDAQ. If the bullish scenario plays out, the wealth gap between Bezos and the second-richest man could widen, all other factors remaining constant. Amazon (NASDAQ:AMZN) has been one of the outstanding stay-at-home…
Analysts recently projected Jeff Bezos to become the world’s first trillionaire. People have criticized Bezos relentlessly before, during, and since then. All he’s done is excel at his role while providing Americans with jobs and great services. It’s time to walk back the animosity. Jeff Bezos has been badgered relentlessly during this pandemic. But he’s…
As other billionaires bled money, Jeff Bezos is up over $2 billion this year. The Amazon CEO sold stock in early February just before the crash. He saved hundreds of millions in paper losses in the process. Compared to other big-tech stocks, Amazon’s market losses are minimal. Jeff Bezos was made for times like these.…
Amazon is one of the only companies that’s hiring more workers in the midst of a global pandemic. The tech giant has built a strong balance sheet over time. Jeff Bezos sold the top and is ready to buy the bottom. While other big companies are begging to be bailed out by the government, Amazon…
Jeff Bezos’ climate change outfit will receive $10 billion to start with. Amazon is a bigger polluter than Norway, Denmark, Ireland and Switzerland. Its too soon for Amazon employees to claim victory though. In the past 12 months they have pushed for the tech giant’s climate change inaction to end. Amazon (NASDAQ:AMZN) CEO’s announcement that…
Jeff Bezos now has a Hollywood residence in the prime 90210 zip code. Founders of two prominent Hollywood studios previously owned the property at different times. The net worth of the Amazon boss is up $17 billion this year. In one fell swoop, Jeff Bezos has signaled with an expensive purchase that his Hollywood ambitions…
