Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Amazon St"


25 mentions found


Just days after delivering a stellar quarter, Microsoft CEO Satya Nadella was on a whirlwind speaking tour throughout India. The Indian market also represents a largely untapped market that will diversify revenue streams. Over the summer, India became Amazon's first market in Asia to launch its dedicated virtual cargo airline , dubbed Amazon Air. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Satya Nadella, Morgan Stanley, Chetan Ahya, Ahya, Bernstein, Nadella, Zev Fima, Fima, Tim Cook, Amazon, Sundar Pichai, Jim Cramer's, Jim Cramer, Jim Organizations: Microsoft, Apple, country's Ministry, Skill Development, Entrepreneurship, Club, Foxconn Technology, Media, Amazon, Walmart, Web Services, Google, CNBC Locations: India, Mumbai, Bengaluru, New Delhi, China, Asia, United States, Chennai, Puna, Hyderabad, Tamil Nadu, India's, Gujarat
Amazon founder Jeff Bezos sold roughly $2.03 billion of shares in his company over the past few days, according to a regulatory filing, bringing his total sales this month to over $6 billion. On Tuesday and Wednesday, Bezos sold about 12 million Amazon shares at an average price of $169.50 a share. Bezos sold about 12 million shares, worth $2 billion, between Friday and Monday, and sold another 12 million shares the week before that. The sales this month mark the first time Bezos has sold Amazon stock since May 2021, the year he stepped down as Amazon CEO, although he gifted about $240 million in Amazon shares last year. WATCH: Jeff Bezos sells $2 billion of Amazon shares
Persons: Jeff Bezos, Bezos, fiancée Lauren Sanchez's, Forbes, , Annie Palmer Organizations: Kansas City Chiefs, Los Angeles Chargers, Arrowhead, Amazon Locations: Kansas City , Missouri, Seattle, Miami
When Janesha Moore got a $540 check from Amazon in May 2023 for affiliate commissions, she was astounded. “Seeing that money really woke me up,” the Philadelphia-based creator told Business Insider. “That’s when I seriously started strategizing and started doing a lot of research into affiliate marketing.”This story is available exclusively to Business Insider subscribers. Most of her income as a creator has come from affiliate marketing, though she’s also partnered with brands like Warby Parker, Walmart, and Marshalls to create paid, sponsored content. Since most of her income is through affiliate marketing, she considers brand partnerships “bonus revenue," she said.
Persons: Janesha Moore, strategizing, Moore, She’s, she’s, Warby Parker, we’re, , , ” Moore, “ Brand Organizations: Amazon, Business, BI, Walmart, Strategic Influencer Academy Locations: Philadelphia, Instagram, TikTok, LTK
In today's big story, we're looking at what a hotter-than-expected inflation report means for markets and the econom y . That silver lining doesn’t address the elephant in the room: What does the latest CPI data mean for interest rates? AdvertisementMadison Hoff/Noah Sheidlower/Business InsiderThe hot inflation report comes just a few weeks after some industry experts felt the market was in a perfect position. Stubbornly elevated inflation means Powell might be less willing to cut rates and risk further fueling inflation. It’s particularly painful for smaller companies, which tend to carry floating-rate debt more susceptible to elevated interest rates.
Persons: , Angela Weiss, Insider’s Madison Hoff, BI’s Aruni Soni, Madison Hoff, Noah Sheidlower, we’ve, Jerome Powell, Powell, Jim Zelter, BI’s Yuheng Zhan, Alyssa Powell, Peter Thiel, bitcoin, Noah Berger Sam Altman’s, Jensen Huang, Altman's, Mark Zuckerberg, Jeff Bezos, Bezos, Rob Dobi, doomsayers, Brace, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Business, Service, Dow Jones, Bank of America, Apollo Global Management, Federal Reserve Bank of New, BlackRock, Strategic Investors Group, BI, Fund, Reuters, Apple Vision, BI Sky, Employees, Cisco Systems, Sony, McLaren Locations: Federal Reserve Bank of New York, Dubai, Miami, Washington, New York, London
Amazon founder and executive chairman Jeff Bezos sold roughly $2.08 billion of shares in the company over the past few days, according to a financial filing. In total, Bezos sold 11,997,698 shares in the company for about $2.08 billion, according to the filing. As part of the plan, Bezos plans to sell 50 million Amazon shares before Jan. 31, 2025. It marked the first time Bezos sold Amazon's stock since May 2021. WATCH: Jeff Bezos sells $2 billion of Amazon shares
Persons: Jeff Bezos, Bezos, fiancée Lauren Sanchez Organizations: Jan Locations: Seattle, Miami
AdvertisementEarlier this month, Bezos announced plans to unload 50 million Amazon shares , worth about $8.5 billion, over the next year. Last week, he sold 12 million shares worth more than $2 billion, per SEC filings. But he stopped in 2022 — the same year Washington state imposed a 7% capital gains tax on gains of over $250,000 for those domiciled there. Florida, in contrast, has a capital gains tax rate of zero. In fact, it is one of the eight states that does not have a capital gains tax.
Persons: Jeff Bezos, he's, , Rich, Lauren Sanchez, Blue, Sanchez, Miami, Bezos, It's, Ken Griffin, Carl Icahn, Daniel Och, Josh Harris, Griffin —, it’s, it's, Bill Gates, Steve Ballmer, MacKenzie Scott Organizations: Miami, Service, SEC, CNBC, Sunshine State, Evergreen State Locations: Washington, Florida, Miami, Canaveral, Texas
Jeff Bezos' move to Miami could save him over $600 million in taxes, per CNBC calculations. But Florida has no capital gains tax, unlike Washington. AdvertisementJeff Bezos’ Miami move could be about to save him more than $600 million in taxes. As Florida has no capital gains tax, CNBC calculated that Bezos would save around $600 billion in taxes compared to if he sold the shares while based in Seattle. Washington state passed a new law imposing a 7% capital gains tax on sales of stocks or bonds worth more than $250,000, which went into effect in 2022.
Persons: Jeff Bezos, , Bezos, Lauren Sanchez, Elon Musk Organizations: Washington, Service, CNBC, Business Locations: Miami, Seattle, Florida, Seattle . Washington, Cape Canaveral
Jeff Bezos and Lauren Sanchez walk in the Paddock prior to final practice ahead of the F1 Grand Prix of Miami at Miami International Autodrome on May 06, 2023 in Miami, Florida. Jeff Bezos' $2 billion stock sale last week came with an added perk: no state taxes. After his move to Miami, Bezos made up for lost time. So on the $2 billion sale last week, he saved $140 million that he would have paid to Washington state. On the entire sale of 50 million shares over the next year, he will save at least $610 million.
Persons: Jeff Bezos, Lauren Sanchez, Bezos, Tom Brady, Carl Icahn Organizations: of Miami, Miami, Autodrome, Seattle, Origin, SEC, Jan, Amazon, CNBC PRO Locations: Miami , Florida, Miami, Washington, Florida
Jeff Bezos Sells Nearly 12 Million Amazon Shares Worth at Least $2 Billion, With More to ComeJeff Bezos has filed a statement with federal regulators indicating his sale of nearly 12 million shares of Amazon stock worth more than $2 billion
Persons: Jeff Bezos Organizations: Amazon
Read previewJeff Bezos this week unloaded 12 million shares of Amazon stock, netting him about $2 billion in a strategic move that may position him to once again claim the title of "world's richest man." Before this week's sale of Amazon stock, Bezos' net worth was only $5 billion behind Musk's $200 billion fortune, putting the title of #1 billionaire well within reach. This week's stock sale is not Bezos' first time offloading a large portion of his Amazon holdings, though it is the only major sale he's made since 2021. That year, Bezos sold $2.5 billion worth of shares as he prepared to step down as CEO. In 2019, Bezos offloaded roughly $2.8 billion worth of the company's stock.
Persons: , Jeff Bezos, Bezos, Elon, Bill Gates, Forbes, Musk, Musk's, Bernard Arnault, he's Organizations: Service, Business, Bloomberg, Tesla, SpaceX, The Boring Company, Amazon Locations: Delaware, New York
In the winter of 2022, she began seeing multiple social media posts about making money by posting Amazon reviews of products that would land on the product listing. It's also difficult to predict how long a video will continue to earn commission for, but there are some surprises, she said. You can't control which videos will earn commission and which won't. She reviews products near the top commission tier, mainly the home category. Therefore, depending on what month you start your storefront, begin by prioritizing products best suited for that month and any upcoming holidays.
Persons: Carissa DeVries, she'd, trimmer, DeVries, it's, It's, I'm, " DeVries, they're, Airbnbs Organizations: Facebook, Amazon, Business
It already shut down the Amazon Care telehealth service in 2022, while disbanding Haven , a joint healthcare venture, in 2021. She said Amazon's healthcare business continues to grow and receive positive customer feedback. Less focus on senior healthcareAnother idea One Medical recently explored was to put less focus on the senior healthcare business. Still, for some One Medical employees, Amazon’s scrutiny is leading to growing frustration. “As Trent Green communicated to employees, One Medical employees will not return to physical offices at this time.
Persons: Big, Samantha Kruse, ” Kruse, Andy Jassy Chelsea Jia Feng, Neil Lindsay, ” Amazon’s Kruse, Amazon's Kruse, Lindsay, , Amir Dan Rubin, Kruse, Amazon’s, , Trent Green Organizations: Business, Amazon, Care, Amazon Health Services, Amazon's Pharmacy, Amazon Health, Iora Health, Iora, Locations: New York, Minneapolis, St, Petersburg , Florida, Francisco
Jefferies is eying a collection of stocks that could be poised for a breakout, and analysts are already increasing their earnings estimates for them. Stocks have seen higher 2024 earnings estimates over the past three months. SN YTD mountain SharkNinja stock. Analysts remain optimistic on the stock, however, with estimates rising on average by roughly 5% over the past three months. Earnings estimates have risen on average by more than 15% over the past three months.
Persons: Jefferies, Stocks, SharkNinja, Guggenheim, Steven Forbes, — CNBC's Michael Bloom Organizations: Federal, Jefferies Equity Research, Jefferies, Wall, GMC, Chevy, Motors, Entertainment Locations: LSEG
Jeff Bezos is not far off overtaking Elon Musk to become the world's richest person once more. AdvertisementJeff Bezos is only about $8 billion away from overtaking Elon Musk as the world's wealthiest person following a surge in Amazon stock — and a slump for Tesla — this year. Meanwhile, Musk holds about 411 million Tesla shares, or a roughly 13% stake in the automaker, worth about $76 billion. It's certainly striking that Musk's net worth has crashed from about $340 billion at its peak in late 2021 to about $200 billion today. However, Tesla stock is still up more than six-fold since the start of 2020, while Amazon shares have less than doubled.
Persons: Jeff Bezos, Elon Musk, Mark Zuckerberg, Warren Buffett, , Tesla, Bezos, Musk, Mark Zuckerberg's, Buffett, Larry Ellison, Larry Page, Sergey Brin, Brin Organizations: Elon, Bloomberg, Service, Tesla, Amazon, SpaceX, Twitter, Big Tech, Meta, Berkshire Hathaway Locations: Delaware, Berkshire
CNN —Amazon founder Jeff Bezos plans to sell up to 50 million shares of Amazon stock over the next year, according to a regulatory filing posted on Friday. Bezos’ planned stock sale was included in Amazon’s annual report published on Friday due to a Securities and Exchange Commission rule requiring such disclosures. Amazon shares tumbled in 2022 amid a whiplash in pandemic-induced demand for e-commerce and broader macroeconomic uncertainty. Moreover, Bezos’ recent move to Florida from Washington state would mean he could avoid state capital gains taxes on the stock sale. Bezos’ home state of Washington upheld a capital gains tax measure last year, according to the Seattle Times.
Persons: Jeff Bezos, Bezos, fiancé Lauren Sanchez, Andy Jassy Organizations: CNN, Amazon, Securities and Exchange, Origin, Seattle Times Locations: Florida, Washington
Lawyers representing Wealth Assistants' former clients are seeking to freeze assets belonging to Carroll, Max K. Day, Max O. When Wealth Assistants informed its clients in October that it planned to shut down, it provided a list of alternative providers clients could work with to manage their stores if they promised not to sue Wealth Assistants. According to the lawsuit, some former Wealth Assistants clients later started receiving emails from Wholesale Universe saying that Wealth Assistants had purchased an inventory package for them to use with Wholesale Universe. Advertisement"Wealth Assistants and Wholesale Universe made that transfer for the purpose of preventing Wealth Assistants' current and future creditors, including Plaintiffs, from accessing Wealth Assistants' assets," the complaint reads. Wealth Assistants claimed that the digital bank froze its accounts without warning or explanation in October and is still withholding its funds.
Persons: , Ryan Carroll, Max K, Max O, Carroll, Yax, Daddy Jules, Max Day, Troy Marchand, Bonnie Nichols, Marchand, Nichols Organizations: Service, Business, Amazon, Amazon . Business, Court, Lamborghini, Trading, Oak Properties, MKD Investment, Private Management Company, Max, HouTex Farm Equity Partners, Business Financial Solutions, Evo Maxx, Management, Wholesale, Tennessee, Bank, Wealth, Bank of America Locations: California, San Bernardino County, Oak, mstone@insider.com
Read previewMore people seem to be talking about canceling their Amazon Prime memberships. But new data suggests Prime membership growth may have bounced back in the US, after seeing a dip for the first time ever in 2022. The increase follows Prime's first-ever drop in membership growth in 2022, when CIRP said its survey data showed Prime "essentially stopped growing" in the US. "An increase in Prime members today means that more US consumers are finding Prime and therefore Amazon shopping is worth the investment in membership." Earlier this week, Amazon started showing ads on its Prime video streaming service for the first time.
Persons: , CIRP, Bradley Mattinger, Amazon's, Mattinger, Doug Herrington Organizations: Service, Amazon, Wall Street, Business, Consumer Intelligence Research Partners
That series from Amazon Prime, “Expats,” which stars Ms. Kidman, aired its first two episodes last week in what it described as a worldwide release. For Hong Kong viewers, they appeared as “currently unavailable.”The reasons are unknown. Amazon Studios declined to comment. A spokesman for the Hong Kong government said it had facilitated the filming of some street scenes in “Expats” but would not comment on the “operational arrangement of individual businesses.”The show is being released after several years of transformation in the city, a Chinese territory. Hong Kong was largely closed off to the world during three years of pandemic restrictions, and speech and dissent have become severely restricted after a mass protest movement was squashed in 2019.
Persons: Nicole Kidman, , Kidman, Hong Kong Organizations: Amazon Prime, Hong Kong, Amazon Studios, Hong Locations: Hong Kong, Hong
Read previewAn Amazon drone delivered a box of cookies in about 15 minutes — making it one of the company's fastest deliveries of 2023. "During rainstorms, strong winds, extreme heat events, or other unfavorable weather, drone delivery is not available," the FAQ reads. Amazon plans to expand Prime Air drone deliveries in 2024, adding a new US location as well as hubs in Italy and the UK, Herrington wrote. Amazon delivered orders to Prime members at its "fastest speeds ever globally" in 2023, according to the blog post. AdvertisementHave you received an Amazon delivery by drone and want to talk about the experience?
Persons: , Doug Herrington, There's, Herrington, Amazon Organizations: Service, Business, College Station ,, Amazon, College, Air Locations: College Station, College Station , Texas, Lockeford , California, Italy
MacKenzie Scott sold Amazon stock worth more than $10 billion last year. The ex-wife of Jeff Bezos has an estimated net worth of $37.6 billion , according to the Bloomberg Billionaires Index. Upon signing the pledge, Scott wrote : "I have a disproportionate amount of money to share. The billionaire launched the website Yield Giving in 2022, which details some 1,600 organizations that she's donated $14 billion to since 2019. Scott said in a blog post last March that she donated $3.86 billion to 465 nonprofits since June 2022.
Persons: MacKenzie Scott, Jeff Bezos, Scott, Bezos, Lauren Sanchez, she's Organizations: Bloomberg, Amazon, California Community Foundation Locations: Beverly
Last June, on a whim, I canceled Amazon Prime. I still regularly buy things from Amazon with free shipping, but I'm happily out on Prime. After canceling Prime, I've been able to reevaluate the necessity of that ultra-fast, free shipping and have found it mostly unneeded. AdvertisementLeaving Prime also meant the end of free Amazon Prime Video, but I've been able to bear it. If Amazon Prime members started reconsidering and discarded the service en masse, it would be trouble for the company.
Persons: I'd, I'm, I've, Max Organizations: Amazon Prime, Amazon, Netflix, Big Technology Locations: America
In turn, Wall Street analysts made a slew of bullish calls on five of our portfolio names — all of which report earnings next week SBUX YTD mountain Starbucks (SBUX) year-to-date performance Wall Street's call: Wells Fargo forecasted an improved backdrop for Starbucks. Although the stock's been a portfolio laggard, we're bullish on management's plans to progressively expand margins in the years to come. MSFT YTD mountain Microsoft (MSFT) performance year-to-date Wall Street's call: Morgan Stanley boosted Microsoft's price target to $450 per share from $415, citing the company's strength from generative artificial intelligence efforts. Analysts issued a slew of downbeat calls at the start of 2024, causing the stock to sell off. AMZN YTD mountain Amazon (AMZN) year-to-date performance Wall Street call: Jefferies said Amazon stock has even more room to run after a great 2023.
Persons: Wells Fargo, we're, Morgan Stanley, Goldman Sachs, refreshes, Jefferies, AMZN, Twitch, they're, Jim Cramer's, Jim Cramer, Jim, Brendan Mcdermid Organizations: Dow Jones, Wall Street, Club, Microsoft, Big Tech, Bank of America's, Apple, Analysts, MGM Studios, Management, Bank of America, CNBC, Traders, New York Stock Exchange Locations: Fargo, China, Tuesday's, Copilot, F1Q24E, Thursday's, New York City, U.S
The scandalous hit movie "Saltburn" premiered on Prime Video during 2023's Christmas period. AdvertisementThis as-told-to essay is based on a conversation with Rebecca Schwartz Altholz about her experience watching "Saltburn" with their family. In hindsight, I would not choose "Saltburn" for a family movie night. In the final scene, Oliver reveals to the last living member of the Catton family, Elspeth, that he was after her family's fortune. Everyone should watch "Saltburn," but I would skip putting it on at your next movie night unless your family is as weird as mine.
Persons: Rebecca Schwartz Altholz, , Sarah, Barry Keoghan, Oliver, Felix, Jacob Elordi, Felix's, Venetia Catton, Alison Oliver, Elspeth Catton, Rosamund Pike, Barry Keoghan's, Oliver Quick, it's, Catton, Elspeth, Oliver's Organizations: Service, Oxford University, Saltburn, Amazon, MGM, Amazon Studios Locations: Mexico, Christmas
CNN —MacKenzie Scott continues to sell billions of dollars in Amazon stock. In 2023, she unloaded nearly 65.3 million shares of Amazon, currently worth more than $10 billion, according to a filing. She has since sold off portions of her Amazon stake, donating billions of dollars to charity. In 2019, Scott signed the Giving Pledge, a promise signed by hundreds of the world’s richest people to give away the majority of their wealth. Although Scott has sold billions of dollars worth of Amazon shares in recent years, her net worth is still more than $37 billion, according to Bloomberg’s Billionaire Index.
Persons: CNN — MacKenzie Scott, Jeff Bezos, Scott, Bezos, Warren Buffett, Bill Gates, Mark Zuckerberg Organizations: CNN, Amazon, SEC, titans
Annette Bening — "Life Itself" (2018) and "The Women" (2008)"Life Itself" and "The Women." Amazon Studios; Warner Bros. PicturesRotten Tomatoes scores: 13%Bening has two films that are tied for 13% on Rotten Tomatoes. The most recent movie is "Life Itself," a multi-generational story of trauma, loss, and love. The other lowest-rated film, "The Women," is a remake of the 1939 film of the same name, which was in turn based on a 1936 play. Preferably as far away as possible," wrote Salon's Mary Elizabeth Williams of "The Women."
Persons: Annette Bening —, Bening, Oscar Isaac's, Roxana Hadadi, Mary Elizabeth Williams Organizations: Studios, Warner Bros, Rotten
Total: 25