Massive Share Sale Announced

Amazon.com Inc. founder Jeff Bezos has revealed plans to sell up to 25 million shares of the company's common stock, a move that could net approximately $4.8 billion based on current stock prices. This decision, filed with the SEC, outlines a trading plan set from March 4, 2025, to May 29, 2026.

Amazon's Financial Outlook

Despite Amazon's impressive first-quarter revenue of $155.7 billion in fiscal 2025, surpassing market expectations, the company faces uncertainties. These include potential impacts from tariffs, trade policies, and broader recessionary concerns.

Political Tensions and Denials

Bezos's announcement comes amid heightened scrutiny, including criticism from the White House and a reported phone call from President Donald Trump. The controversy centered around Amazon's brief consideration to display tariff costs on web store goods—a plan that was quickly retracted, leading Trump to later refer to Bezos as a "good guy."