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Jeff Bezos to sell $5bn of Amazon shares after stock hits record high

Proposed sale of 25m shares disclosed in notice on Tuesday after stock hit all-time high of $200.43 during session

Amazon founder and executive chair Jeff Bezos is planning to sell almost $5bn worth of shares in the e-commerce giant, a regulatory filing showed, after its stock hit a record high.

The proposed sale of 25m shares was disclosed in a notice filed after market hours on Tuesday. The stock had hit an all-time high of $200.43 during the session. It has jumped more than 30% so far this year, outpacing the 4% gain in the Dow Jones Industrial Average index.

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Β© Photograph: Bonnie Cash/Reuters

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Β© Photograph: Bonnie Cash/Reuters

New Cuban radar site near US military base could aid China spying – report

CSIS calls site near GuantΓ‘namo a β€˜powerful tool’ that will be able to monitor air and maritime activity of US military

Satellite images appear to show that Cuba is building a new radar site likely to be capable of spying on the US’s nearby GuantΓ‘namo Bay naval base, in the latest upgrade to the country’s surveillance capabilities long thought to be linked to China.

The base, under construction since 2021 but previously not publicly reported, is east of the city of Santiago de Cuba near the El Salao neighborhood, the Center for Strategic and International Studies (CSIS) said in a report published on Monday and later referenced by the Wall Street Journal.

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Β© Photograph: Alex Brandon/AP

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Β© Photograph: Alex Brandon/AP

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