Posts by Amelia Frost
Jeff Bezos Filed To Sell Billions Worth Of Amazon Stock. Its Shares Are Falling
Amazon’s stock is declining on Tuesday following reports that company founder Jeff Bezos filed to sell more than $4 billion worth of shares. CNBC noted that the sale took place on Monday through Morgan Stanley. The company reached a historical $3 billion market capitalization for the first time on that day after investors cheered a…
Read MoreGurhan Kiziloz Wins First Appeal in Bid to Unfreeze $527M in Tether & Assets, Final Verdict by October
A Brazilian federal appellate court has ruled in favor of Gurhan Kiziloz in the first appeal of a case that has kept $527 million in Tether and physical assets frozen since May, though the ruling marks only an initial step in a process that still has further stages to complete. The Regional Federal Court of…
Read MorePalantir Crushes Q2 Expectations. U.S. Commercial Revenue Soars 149% as AI Demand Accelerates.
Palantir Technologies delivered another blockbuster quarter on Monday, easily surpassing Wall Street expectations as demand for its artificial intelligence software continued to accelerate across both government and commercial customers. The company’s shares jumped in after-hours trading after the results. The Denver-based software firm reported adjusted earnings of 41 cents per share for the second quarter,…
Read MoreMichael Saylor’s Strategy Sold Another $105 Million In Bitcoin. It Boosted Its Cash Reserve And Bought Back STRC Shares
Michael Saylor-led Strategy continued reshaping its balance sheet last week, selling another tranche of Bitcoin while raising fresh capital through stock sales and buying back millions of dollars worth of its preferred shares, according to a filing with the U.S. Securities and Exchange Commission (SEC). The company disclosed Monday that it sold 1,638 Bitcoin between…
Read MoreA Continuously Tough Labor Market Frustrating Job Seekers. Some Have Given Up Looking
Record numbers of people have stopped looking for jobs and dropped out of the labor market entirely. CNBC reported that June saw the largest one-month drop in labor participation for people 25 to 54 since June 1976. The figures exclude the COVID-19 pandemic. The network reported that according to the Federal Reserve Bank of St.…
Read MoreAmazon Tops $3 Trillion Market Cap as Shares Hit a Record High. AI-Powered AWS Growth Fuels Post-Earnings Rally
Amazon crossed a historic milestone on Monday, surpassing a $3 trillion market capitalization for the first time after investors cheered a blockbuster second-quarter earnings report. Shares of the e-commerce and technology giant climbed about 4% to a new all-time high, marking their strongest performance since early May. The rally extended gains that began after Amazon…
Read MoreTrump Is Giving Iran Talks Another Chance. Oil Slid And The Dow Jumped To a Record Close
Oil slid and stocks jumped on Monday after President Donald Trump said talks with Iran have resumed. The S&P 500 climbed 1.48%, while the tech-heavy Nasdaq Composite overperformed, soaring 2.13%. The Dow Jones Industrial Average gained 1.32%. reaching a new record close. Tech companies led the session, with Meta gaining almost 6% and Amazon more…
Read MoreTrump Is Giving Iran Talks Another Chance. Oil Slid And The Dow Jumped To a Record Close
Oil slid and stocks jumped on Monday after President Donald Trump said talks with Iran have resumed. The S&P 500 climbed 1.48%, while the tech-heavy Nasdaq Composite overperformed, soaring 2.13%. The Dow Jones Industrial Average gained 1.32%. reaching a new record close. Tech companies led the session, with Meta gaining almost 6% and Amazon more…
Read MoreTrump Is Giving Iran Talks Another Chance. Oil Slid And The Dow Jumped To a Record Close
Oil slid and stocks jumped on Monday after President Donald Trump said talks with Iran have resumed. The S&P 500 climbed 1.48%, while the tech-heavy Nasdaq Composite overperformed, soaring 2.13%. The Dow Jones Industrial Average gained 1.32%. reaching a new record close. Tech companies led the session, with Meta gaining almost 6% and Amazon more…
Read MoreTrump Is Giving Iran Talks Another Chance. Oil Slid And The Dow Jumped To a Record Close
Oil slid and stocks jumped on Monday after President Donald Trump said talks with Iran have resumed. The S&P 500 climbed 1.48%, while the tech-heavy Nasdaq Composite overperformed, soaring 2.13%. The Dow Jones Industrial Average gained 1.32%. reaching a new record close. Tech companies led the session, with Meta gaining almost 6% and Amazon more…
Read MoreTrump Is Giving Iran Talks Another Chance. Oil Slid And The Dow Jumped To a Record Close
Oil slid and stocks jumped on Monday after President Donald Trump said talks with Iran have resumed. The S&P 500 climbed 1.48%, while the tech-heavy Nasdaq Composite overperformed, soaring 2.13%. The Dow Jones Industrial Average gained 1.32%. reaching a new record close. Tech companies led the session, with Meta gaining almost 6% and Amazon more…
Read MoreTrump Issues Ultimatum To Iranian Leadership, Says Talks Are Their Last Chance Before ‘Decapitation’
President Donald Trump said on Monday ongoing talks with Iran are the last chance for the country’s leadership to reach an agreement before “decapitation.” “I think maybe we’re going to get something. But i want to give them one last chance before decapitation,” Trump said while speaking to press at the Oval Office. “Hopefully they’ll…
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