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

Amazon founder Jeff Bezos plans to sell up to 25 million shares in the company over the next year, according to a financial filing on Friday. Bezos, who...

12 hours ago

Business

Netflix stock is trading at all-time high levels in unprecedented win streak

Netflix is on a winning streak. The streaming giant’s stock has traded for 11 straight days without a decline, the company’s longest positive run ever....

12 hours ago

Business

Data center boom in world’s largest market isn’t slowing down, Dominion Energy says

Data center demand is not slowing down in the world’s largest market centered in northern Virginia, executives at Dominion Energy said Thursday. Dominion provides electricity in Loudoun...

1 day ago

Business

Tesla denies report it’s looking to replace Elon Musk

Shares of Tesla were flat in premarket trading Thursday after the EV maker denied a Wall Street Journal report that its board was searching for a...

1 day ago

Business

Nvidia says Anthropic is telling ‘tall tale’ in its defense of U.S. AI chip restrictions on China

Nvidia blasted Anthropic Thursday in a rare public clash over artificial intelligence policy with U.S. chip export restrictions set to take effect. “American firms should focus on innovation and rise to...

2 days ago

Business

Amazon is stepping up to fill a gap in Hollywood’s movie slate

Tech is saving Hollywood — though not in the way you might think. Back in 2022, e-commerce giant and relative upstart movie studio Amazon promised to...

2 days ago
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