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Jeff Bezos sells roughly $2 billion of Amazon shares

Amazon founder Jeff Bezos is selling about 12 million shares of the online retail and cloud services company for about $2 billion, shortly after he plans to sell his company’s stock over the next year, according to a company filing Friday. did. The sale took place on Wednesday and Thursday, according to filings. Amazon announced […]

Expedia shares sink after 2024 revenue warning on softening air fares

Peter McNally, Head of Global Analyst at Third Bridge, joins Morning with Maria to break down airline earnings and reveal the top Big Tech stocks. Expedia Group shares rose on Friday after the online travel company said it expects revenue growth to moderate in 2024 as airfares soften from post-pandemic highs. The closing price fell […]

McDonald’s Shares Tumble After Executives Acknowledge Price Inflation

McDonald’s executives have finally acknowledged that the $18 Big Mac menu and other high prices are driving low-income customers away. “We do know that consumers are becoming more wary or fed up with pricing,” Chief Financial Officer Ian Bowden told investors on Monday’s earnings call. of transcript In a conversation obtained by Business Insider, CEO […]