Jeff Bezos Is Worth Nearly $200 Billion Amid Worst Crisis in 90 Years
Jeff Bezos added $13 billion to his net worth on Monday, as Amazon’s stock surged following an upgrade by Wall Street analysts.
Jeff Bezos
Twitch’s Trump Ban Isn’t Surprising – But Not for the Reason You Think
Twitch has just banned Donald Trump, which is hardly surprising since it’s owned by his arch-enemy, Jeff Bezos.
Twitch’s Trump Ban Isn’t Surprising – But Not for the Reason You Think by CCN.com
Amazon’s Colossal Pandemic Spending Isn’t What You Think Is
Amazon is primed to start spending, but perhaps more for growth than for pandemic protection as Jeff Bezos suggested in Q1 2020.
Twitter Is Ripe for a Buyout – These 3 Billionaires Should Pull the Trigger
At its current valuation, Twitter is a prime acquisition target. Here are three of the best candidates to scoop up Jack Dorsey’s social empire.
The post Twitter Is Ripe for a Buyout – These 3 Billionaires Should Pull the Trigger appeared first on…
Coronavirus Could Crush Overvalued Amazon Stock
The supply chain disruption caused by coronavirus is impacting almost all companies, but it’ll be brutal for Jeff Bezos’ Amazon.
The post Coronavirus Could Crush Overvalued Amazon Stock appeared first on CCN.com
Jeff Bezos’ $10 Billion Donation Isn’t Enough to Undo Amazon’s Environmental Damage
Jeff Bezos is donating $10 billion to fight climate change. With Amazon being a major polluter, is it just a PR exercise or a genuine move?
The post Jeff Bezos’ $10 Billion Donation Isn’t Enough to Undo Amazon’s Environmental Damage a…
Jeff Bezos Cashed Out $4 Billion in Amazon Stock For a Mighty Shopping Spree
Seattle, Washington is likely to be seeing less of Amazon boss Jeff Bezos after he shelled out $165 million to buy a Hollywood home.
The post Jeff Bezos Cashed Out $4 Billion in Amazon Stock For a Mighty Shopping Spree appeared first on CCN.com
Want to Work at Amazon? You’d Be Safer in Prison
The Haslet, Texas Amazon warehouse sees nearly twice as many accidents as the industry standard. This makes it more dangerous to spend time in that warehouse as an employee than it does to be a worker in a Texas prison.
The post Want to Work at Amazon?…
Amazon Flails at Trump, Lashes Out at Reporters in Total Meltdown
While Amazon’s CEO unloaded $4 billion of AMZN, the company was preparing court filings to challenge Donald Trump. Amazon has played the sore loser ever since the Pentagon awarded a lucrative cloud contract to Microsoft.
The post Amazon Flails at Trump…
Jeff Bezos Is Selling Because Amazon Stock Is In Serious Trouble
Jeff Bezos sold $4 billion worth of Amazon stock over the last week because AMZN P/E ratios show the stock is doomed to face a reality check.
The post Jeff Bezos Is Selling Because Amazon Stock Is In Serious Trouble appeared first on CCN.com
How a SpaceX Starlink IPO Could Make Elon Musk Richer Than Jeff Bezos
A SpaceX chief recently said Starlink could be spun off into a publicly traded company. That could make Elon Musk richer than Jeff Bezos.
The post How a SpaceX Starlink IPO Could Make Elon Musk Richer Than Jeff Bezos appeared first on CCN.com
Jeff Bezos’ Next Conquest: The WWE?
As strange as it sounds, a WWE purchase would make a lot of sense for Amazon. The content would have synergies with Amazon’s Prime Video service and would help it compete with rivals such as Netflix and Disney.
The post Jeff Bezos’ Next Conquest:…
Did Jeff Bezos Just Splash $2 Billion to Catch up with Elon Musk?
Jeff Bezos just sold $1.84 billion Amazon stock. What’s he going to spend it on? All signs point to Blue Orgin, his space venture.
The post Did Jeff Bezos Just Splash $2 Billion to Catch up with Elon Musk? appeared first on CCN.com
Time to Sell Amazon? Jeff Bezos Dumps Nearly $2 Billion Worth of Shares
Jeff Bezos dumped $1.84 billion worth of Amazon shares. He worked as a portfolio manager in his twenties, which means he knows market cycles.
The post Time to Sell Amazon? Jeff Bezos Dumps Nearly $2 Billion Worth of Shares appeared first on CCN.com
In Billionaire Space Race, Sir Richard Branson Takes the Lead
By CCN Markets: Who would have thought that the newfangled space race would be funded by nerdy billionaires, one of whom has been knighted? That’s exactly what’s happening and now the countdown has begun to see which will be the first to actually send …
Elon Musk Beware Because Jeff Bezos Has $3B to Burn on Blue Origin
It looks like Elon Musk is having a great week. SpaceX’s starship projects appear to be progressing nicely, and the Tesla CEO is dreaming of Mars more fervently than ever. Unfortunately for Musk, his greatest rival and the world’s richest man, Jeff Bez…
Here’s How Much Jeff Bezos Lost on the Stock Market’s Worst Day of 2019
The US stock market collapsed yesterday, wiping out more than $700 billion in a matter of hours. Jeff Bezos was among the many billionaires that saw his net worth slashed, but how much did the Amazon boss lose? According to Bloomberg, Bezos’ net worth …
Amazon Lost More Value Since July Than 2.5 Times Tesla’s Market Cap
Amazon stock’s market value fell by a whopping $28 billion in Monday’s stock market slaughter. Since July 18, when Amazon reported its quarterly earnings, it’s market value has declined by $103 billion. How huge is this loss? Let’s put it into perspect…
The Feds Are Coming for Amazon but Not for the Reason You Think
While the Department of Justice launches investigations into giant technology companies for anticompetitive practices, one might think Amazon would be deserving of additional scrutiny. After all, Amazon has put countless companies out of business and h…
Jeff Bezos Sold $1.8 Billion in Amazon Stock in Last 3 Days of July
Amazon founder Jeff Bezos sold almost 1 million Amazon shares worth $1.8 billion in the last three days of July in three separate transactions. The sales reduced Bezos’ stake in Amazon to about $110 billion. According to an SEC filing, Bezos sold…