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The increasing demand for Artificial Intelligence technology has resulted in Aamzon’s shares rising by 30% in the past year. Last month, Amazon’s stock value reached $2 trillion, while its biggest competitors (Nvidia, Apple, and Microsoft) have reached $3 trillion. Amazon’s stock market value hit a record high on Wednesday, July 3. In response, Jeff Bezos, the founder of Amazon, announced he would sell 25 million more Amazon shares worth around $5 billion. Bezos sold $8 billion worth of shares in February, the first time since 2021 that he sold Amazon shares. He currently holds the company’s executive chair and the largest share. According to Forbes, Bezos is currently the second richest man in the world, with a net worth of $214 billion. #TheSocialTalks #JeffBezos #Amazon #StockMarket

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