Stock Sale
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Jeff Bezos to Sell Over $4 Billion in Amazon Stock, Shares Decline
Amazon founder Jeff Bezos plans to sell more than $4 billion worth of his company's shares. This significant announcement led to Amazon's stock becoming a top decliner on the Dow Jones Industrial Average.
Rackspace Technology Adjusts 2026 Outlook Amidst AI Focus and Stock Sale
Rackspace Technology has revised its financial projections for 2026 downwards, now expecting lower revenue and adjusted EBITDA. This adjustment comes as the company plans to sell $250 million (approximately ₹2,080 crore) in stock, aiming to boost its investments in artificial intelligence.
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