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Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock - TL;DR CNBC

Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock

Publishing timestamp: 2025-05-02 16:54:18


Summary

Jeff Bezos plans to sell up to 25 million shares of Amazon stock worth about $4.8 billion by May 2026. This comes after Amazon's first-quarter earnings report showed uncertainty related to tariffs. Bezos has been selling shares to fund his space exploration company and climate fund.


Sentiment: NEUTRAL

Tickers: AMZN

Keywords: breaking news: technologybusiness newsinternettechnologyamazon.com inc

Source: https://www.cnbc.com/2025/05/02/jeff-bezos-discloses-plan-to-sell-up-to-4point8-billion-in-amazon-stock.html


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