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In a rather surprising development for the company, Jeff Bezos has sold $3 billion worth of his position in Amazon (AMZN) stock. Indeed, the founder of the e-commerce titan has reduced his stake in the company, with him now selling a total of $13 billion worth of the stock throughout 2024. The move is rather surprising considering the dominant position that Amazon currently finds itself. The company has been thriving in the AI and cloud-based computing sectors, which have enjoyed increased demand this year. Moreover, it is projected to continue growing in value with a positive trajectory forming for 2025. Source: CNBC Also Read: Amazon Stock up 7% as AI Growth Drives AMZN Surge Amazon Founder Dumps Stock: Bezos Offloads $13 Billion in 2024 There are few companies better positioned to take advantage of current stock market trends than Amazon. It has seen its Amazon Web Services (AWS) business become one of its primary functions. Moreover, its foray into AI has been a success to this poi...

Author: He Yi Original link: https://www.binance.com/zh-CN/square/post/13659356461810 This article is the author’s personal opinion and does not represent the views of WuBlockchain Is the Crypto Space Coming to an End? Recently, many pessimistic posts about the blockchain industry have gone viral. Many people outside the industry are asking me if the so-called “crypto scam” is over. Insiders are wondering if the industry still has a future. What stage of the cycle are we in? Bad news tends to grab headlines more easily than good news, and bad news also attracts more traffic and attention. What could be more mock-worthy than crypto enthusiasts criticizing the crypto space? These behaviors and sentiments spread, fueled by the ever-growing flow of traffic. Some even magnify the retirement of certain OGs as evidence that “the crypto space is dying.” Even some die-hard idealists in the industry have shown anxiety and confusion during my conversations with them. But it’s not just the crypto ...