Overview: Amazon’s $Amazon.com(AMZN)$ stock has been on a tear, recently hitting a record high of $200.03 per share, marking an impressive 30% increase since the beginning of the year. This performance significantly outpaces the Dow Jones Industrial Average, which has risen by just 4% in the same period. Amidst this surge, Amazon's founder and Executive Chairman Jeff Bezos plans to sell a substantial portion of his holdings, sparking discussions on whether investors should consider selling their Amazon stock. Bezos's Planned Sell-Off: Jeff Bezos, according to SEC filings, intends to sell $5 billion worth of Amazon shares, equivalent to 25 million shares. This planned sale follows a previous transaction in Febr
Turn to AMZN or GOOG as Semi Rally Cools Down?
Amazon's stock rose by about 4% today, pushing its market value above the $2 trillion mark for the first time. Yesterday, both Google and Microsoft reached new highs. Google's stock price hit $185. The semiconductor boom has cooled down, benefiting the big tech companies. --------------------- Among these three stable giants, which one is your pick? Have you made money from this? Will Amazon hit $200 nex week?
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