Bezos Dumps AMZN Stock, NVDA Earnings Marred by Slower Growth

6 months ago
170

Jeff Bezos has started selling off part of his mammoth stake in Amazon stock, with plans to dump as much as $1B of the company shares. This is hardly a vote of confidence in the soft landing narrative. Elsewhere Nvidia reported another incredible quarter yesterday after the close, but the big earnings and revenue beat was overshadowed by talk of lost sales to China and slowing top line growth.

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