Jeff Bezos didn’t wait long to start cashing in on Amazon.com Inc.’s rally to start the year. Less than two weeks after disclosing a plan to dispose of as many as 50 million shares of the company he founded, Bezos has offloaded 24 million shares, worth more than $4 billion. The sales, revealed in regulatory … Read more
Wall Street’s enthusiasm about artificial intelligence has Nvidia on the verge of becoming more valuable than Amazon for the first time in two decades, and the AI chipmaker is not far behind Google-owner Alphabet. A 40% surge in Nvidia so far in 2024 has elevated its market capitalization to $1.715 trillion as of mid-day trading … Read more
Apple Inc. shares rose on Tuesday, with the company on track for its longest streak of daily gains since 2003, when the iPhone hadn’t even launched and Nokia Oyj was still one of the top cellphone makers in the world. Shares in the world’s largest company rose 1.4% for an 11th straight positive trading day … Read more