Urgent.News

600+ sources. One page. See who else covered it.

Editions

Finance & Markets

Amazon shares fall as market cap crosses $3tn, analysts link it to Jeff Bezos

Amazon briefly surpassed three trillion dollars in market value. Founder Jeff Bezos plans to sell fifteen million shares valued at over four billion dollars. This sale follows a strong second-quarter earnings report for the e-commerce giant. Bezos has previously sold significant amounts of Amazon stock since 2002. His remaining stake in the company remains substantial despite these transactions.

Amazon shares fall as market cap crosses $3tn, analysts link it to Jeff Bezos

We haven't written up this one. Times of India has the full story — the link below goes straight to it.

This story

This is one outlet's version. Read the fullest account.

Read the original at timesofindia.indiatimes.com →

More in Finance & Markets

Korean Companies Build Cash as Households Shift Funds Into Stocks

South Korea’s money supply continued to expand for an eighth consecutive month in June, driven by a sharp increase in liquidity held by companies, while household funds shifted from monetary financial…

  • South Korea's M2 money supply grew 0.7% in June, highest since Nov 2025
  • Corporate liquidity surged 45.7 trillion won, mainly from semiconductor export profits
  • Households reduced M2 holdings by 19.8 trillion won, moving funds to stocks and ETFs

SK hynix Faces Governance Questions Over Potential Solidigm IPO

SK hynix is facing growing governance scrutiny after reports emerged that its U.S. subsidiary Solidigm is reviewing a potential pre-IPO fundraising and a future Nasdaq listing, reviving concerns in…

  • SK hynix's U.S. subsidiary Solidigm may raise $3.54-$7.1 billion in pre-IPO round.
  • Korea Corporate Governance Forum criticizes potential five-layer shareholding structure.
  • SK hynix's stock declined 4.9% as of August 13 amid governance concerns.