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Amazon founder Jeff Bezos sold approximately $350 million worth of company stock on August 6, marking his first sale of 2024 as shares hit a record high. This sale represents a small portion of a previously disclosed plan to sell up to $4 billion in stock. Bezos remains Amazon's largest shareholder with an 8.16% stake.
Read MoreThe offshore yuan closed at 6.7482 against the US dollar in early Thursday trading, marking a slight 2-point decline. Trading remained within a tight range of 6.7449 to 6.7501, indicating stable market conditions without significant volatility.
Read MoreeBay's Q2 2024 results surpassed expectations with $3.13B in net revenue and 136M active buyers. Gross Merchandise Volume reached $22.4B, also beating forecasts. The company provided strong guidance for Q3, signaling continued growth momentum.
Read MoreCBOE reported a 16.1% year-over-year increase in average daily futures volume for July. Index options surged 34%, and cross-exchange options jumped 28.4%, signaling robust derivatives market activity.
Read MoreSanDisk's Q4 FY2026 revenue surged 372% to $8.96B, smashing expectations. Full-year revenue exceeded $20B. The board approved a massive $14B stock buyback and issued strong Q1 guidance, signaling robust financial health and growth momentum.
Read MorePublicly traded company West Main Self Storage has increased its Bitcoin holdings, bringing its total to 16.188 BTC. This move highlights growing corporate interest in cryptocurrency as a treasury asset.
Read MoreOn-chain data reveals large holders are accumulating Bitcoin, Ethereum, and XRP amid market pressure. This behavior suggests the bear market may be nearing its later stages, though analysts caution that a definitive bottom is not yet confirmed.
Read MoreAppLovin reported Q2 2026 revenue of $1.92 billion, a 53% year-over-year surge, driven by adoption of its AXON 2.0 platform and ad tech efficiency. Diluted EPS reached $3.76, significantly exceeding expectations and highlighting its expanding role in mobile marketing.
Read MoreThe US Dollar Index fell 0.18% to settle at 99.676 in the previous session, data shows. The decline comes as markets reassess the Federal Reserve's policy outlook amid shifting economic signals, with investors closely watching for cues on the currency's near-term direction.
Read MoreBitcoin remains range-bound near $64K despite consistent ETF inflows, signaling a low-volatility consolidation phase. Analysts describe this as "boring accumulation" where markets lack panic selling or strong bullish momentum. A clear break above $65K is seen as crucial for reigniting recovery narratives, with traders awaiting clearer directional catalysts.
Read MoreSenator Elizabeth Warren is pressing the Commerce Department to explain why the UAE gained expanded AI chip access after Emirati entities invested $2.5 billion in a cryptocurrency project. She questions potential conflicts of interest and national security implications.
Read MoreFed Governor Lisa Cook outlined the Fed's stance on inflation and interest rates. She signaled readiness to support rate hikes if disinflation falters, warning of persistent inflation risks. However, she noted current policy hasn't caused significant job losses and inflation could still ease.
Read MoreBNB has decisively broken through the $600 resistance level, currently trading at $600.03 with a 24-hour gain of 1.24%. Increased market volatility requires careful risk management. This analysis examines the breakout's significance and provides actionable trading insights.
Read MoreBitcoin has surged past the key $65,000 resistance level, currently trading around $65,014 with a 24-hour gain of 1.56%. Market volatility has intensified significantly. This article analyzes the current dynamics and provides insights for navigating this volatile phase.
Read MoreIran's Deputy Foreign Minister revealed that the US sought negotiations following regional tensions, but Tehran firmly rejected external interference. Iran announced it will permanently close the temporary channel in the Strait of Hormuz, requiring most ships to pass through Iranian territorial waters, asserting exclusive control with Oman over the strategic waterway.
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