This proposed sale of 25 million shares came after trading hours on Tuesday, following the stock's climb to a record peak of $200.43 earlier in the day. Bezos will retain approximately 912 million Amazon shares or 8.8% of the outstanding stock.
Expectations are strong that the rising demand for AI technology will boost profits in the cloud computing sector. Amazon's market valuation surpassed $2 trillion for the first time.
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