Wednesday, October 1

Author: Swaraj

Swaraj is an excellent business journalist who has proven her worth in the business world for over 3 years. Currently, He is associated with Editorspeak, responsible for reporting on business-related news. He covers a wide range of marketplace affairs such as the economy, companies, industries, and financial markets.

He has a Master's degree in Journalism. Swaraj’s interest in connecting with people and skills like interviewing and research advantaged her more in bringing in-depth and accurate news details, making him a reliable face of Business Journalism.

Coverage Areas of Business News

  • Financial Markets
  • Economy Policy
  • Industry Trends
  • Global Business
  • Corporate Activities
Massive Amazon Stock Sale: Bezos Sells $5.7B Before Earnings Report
Finance & Markets

Massive Amazon Stock Sale: Bezos Sells $5.7B Before Earnings Report

Since late June, Jeff Bezos has deftly sold shares of Amazon stock AMZN -0.30% for a cash out of $5.7 billion. Under a 10b5-1 trading plan, which lets corporate insiders sell stock in accordance with a pre-set timetable, these transactions were carried out. With the final 4.2 million sold for $954 million just days before the company’s second-quarter earnings report on July 31, the sale covered 25 million shares. This timeline corresponds with a 38% rise in the Amazon stocks since its low in April. Investors are worried about whether the company's significant investments in artificial intelligence will eventually boost profits despite this upward trend. At 12% revenue growth and 15% average earnings growth, other leading technology companies lag behind this pace. Amazon has set a...
Microsoft (MSFT) Soars Past $4 Trillion Mark on Record-Breaking Market Cap
Finance & Markets

Microsoft (MSFT) Soars Past $4 Trillion Mark on Record-Breaking Market Cap

In pre-market cap trade as of this writing, Microsoft's MSFT +0.13% stock has risen by more than 8.5%, passing the remarkable $4 trillion market capitalization benchmark. With record results for the fourth quarter of fiscal 2025, the technology behemoth unveiled amazing revenues and profits that exceeded analysts’ estimates just yesterday. Microsoft attributed its success to the great demand for artificial intelligence (AI) and cloud services. Whether investors will sustain this upward trend when the markets cap open on July 31 remains unknown; maybe Microsoft will join chipmaker Nvidia NVDA +2. 14% in the exclusive $4 trillion market cap club. With a market capitalization of $3.81 trillion as of Wednesday’s close and the stock up 22.2% year-to-date, MSFT's valuation was registered. The...