Offload

Tesla, Nvidia-Led Market Rally Now Pressures Investment Funds To Offload Shares To Avoid US Tax Lawsuits – Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)

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Tesla, Nvidia-Led Market Rally Now Pressures Investment Funds To Offload Shares To Avoid US Tax Lawsuits – Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)

Amid a tech-driven stock market surge, major U.S. investment funds are being compelled to sell shares to comply with tax regulations. This move is necessary to prevent breaching rules that mandate diversified portfolios. What Happened:… Article Source https://www.benzinga.com/markets/equities/24/10/41538660/tesla-nvidia-led-market-rally-now-pressures-investment-funds-to-offload-shares-to-avoid-us-tax-l

Jeff Bezos plans to offload $5 billion worth of Amazon shares.

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Jeff Bezos plans to offload billion worth of Amazon shares.

Amazon founder Jeff Bezos is planning to sell nearly $5 billion worth of the tech giant’s stock as its share price reaches an all-time high. This move comes as Amazon joins the exclusive club of companies valued at $2 trillion, with shares surging 30 percent since the beginning of the year. The proposed sale of … Read more

Nvidia Executives Offload $53 Million Worth of Company Stock

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Nvidia Executives Offload Million Worth of Company Stock

Nvidia Corp. executives Jen-Hsun Huang and Colette Kress sold large amounts of the company’s stock totaling approximately $53 million. The transactions, which occurred on June 24 and 25, were disclosed in recent filings with the Securities and Exchange Commission. Huang’s sales amounted to around $29.31 million, while Kress sold Nvidia stock worth over $24 million. … Read more

Possibility of Caution as Nutanix Insiders Offload US$15m Worth of Stocks

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Possibility of Caution as Nutanix Insiders Offload USm Worth of Stocks

In the past year, several insiders at Nutanix, Inc. (NASDAQ:NTNX) have sold a significant amount of company stock, catching the attention of shareholders. While insider selling can sometimes be viewed negatively, it is important to consider various factors when analyzing these transactions. Insider buying is typically more favorable than selling, but consistent selling by multiple … Read more

Report: Broadcom to offload VMware’s remote access computing business to KKR in $3.8B deal – SiliconANGLE

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Report: Broadcom to offload VMware’s remote access computing business to KKR in .8B deal – SiliconANGLE

Chipmaker Broadcom Inc. is reportedly looking to offload VMware Inc.’s End User Compute business to the private equity firm KKR & Co Inc. in a deal worth $3.8 billion. Reuters said Saturday that the proposed deal is the latest in a series of moves by Broadcom Chief Executive Hock Tan to streamline its business operations … Read more