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Bezos To Dump $4 Billion In Amazon Stock After Surge As Cramer Calls Sale A "Buzzkill"

Amazon founder Jeff Bezos plans to sell 15 million shares worth roughly $4.07 billion under a prearranged trading plan, according to a Form 144 regulatory filing. The planned sale comes after Amazon shares surged about 25% over the last several trading sessions.

The shares, which Bezos acquired as founder's stock in 1994, will be sold through Morgan Stanley Smith Barney. The filing showed no stock sales by Bezos during the previous three months, although he donated 220,200 shares to nonprofits in May.

The stock's rally follows last Thursday's earnings report, which showed solid AWS growth and profitability despite an outlook that disappointed investors. Revenue reached $200.61 billion, beating the Bloomberg consensus estimate, while earnings of $5.75 per share exceeded the $1.82 consensus estimate.

Meanwhile, CNBC's Jim Cramer called the planned sale "a buzzkill."

Cant begrudge Bezos for selling $4 billion shares...but what a buzzkill

— Jim Cramer (@jimcramer) August 3, 2026

Here are the latest Amazon insider transactions:

Bezos will still own 880.95 million Amazon shares after the sale, a stake currently valued at roughly $250 billion.

Perhaps Bezos needs another multibillion-dollar cash infusion for Blue Origin, his capital-intensive rocket company, which continues to trail Elon Musk's SpaceX.

Tyler Durden Tue, 08/04/2026 - 10:40

Rare Carat CEO Ajay Anand told Page Six Style the center stone looks to be around 6 carats.

Rare Carat CEO Ajay Anand told Page Six Style the center stone looks to be around 6 carats.

Suspected Arsonist Arrested In Spokane Wildfire; Former Lefty Gov. Inslee Blames Global Warming

Summary:

• Former Washington Gov. Jay Inslee Blamed Wildfires on "Climate Change"
• Suspected Arsonist, 37, Arrested in Connection With Old Trails Fire
• Spokane-Area Blazes Trigger Mass Evacuations and Emergency Declaration

Suspected Arsonist Arrested in Spokane's Largest Wildfire

After former Washington Governor Jay Inslee gaslit social media by blaming "climate change" for the Spokane County wildfire, CBS News reported that law enforcement officials in the county arrested a 37-year-old Spokane man on Monday in connection with starting the fire.

Aaron Farinacci, who has a prior manslaughter conviction, was booked on suspicion of first-degree arson and is being held on a $1 million bond.

Investigators focused on Farinacci after a witness reportedly saw him kneeling near the grass where the fire began. Deputies said he was carrying waterproof matches and a butane lighter when he was detained.

"We believe it was matches or a lighter. When he was detained ... he was found to be in possession of some waterproof matches and a butane lighter," a local sheriff said at a press conference on Monday, adding that Farinacci was only arrested in connection with the Old Trails Fire.

Yesterday, Governor Inslee (D-WA) said the fire in Spokane was from "climate change"

An arson suspect was just arrested pic.twitter.com/uj1WJC1gL5

— End Wokeness (@EndWokeness) August 4, 2026

The arrest comes as more than 700 buildings in the Spokane area have been burned to the ground, and more than 67,000 people are under evacuation orders.

The Spokane Complex Fire is now confirmed to be the most destructive wildfire in the history of Washington State.

To put this into better context - this wildfire would be the most destructive wildfire in the history of 43 other states. pic.twitter.com/yflLzz5dcG

— Mike Gagliardi (Tropics) (@Mike__Gagliardi) August 4, 2026

And then there's this:

I didn’t know climate change was homeless. https://t.co/wvQki5K72H

— AwakenedOutlaw⚒️ (@AwakenedOutlaw) August 3, 2026 Washington State Wildfires Trigger Mass Evacuations, Emergency Declaration

Thousands of people in Spokane County, Washington, have been evacuated as parts of the city of Spokane are under a "Leave Immediately" emergency as three wildland fires forced evacuations.

Spokane County Emergency Management describes the emergency as "Level 3: Go, Leave Now, Leave Immediately!"

Officials said 60,000 people within Spokane city limits have been evacuated. Spokane County Fire District 3 Fire Chief Cody Rohrbach said 640 structures were destroyed in the Old Trails Fire alone.

The county website states:

"There is an immediate threat to your safety—you need to leave NOW. Emergency services may not be able to assist you. You will not be allowed to return until conditions are safe."

As Tom Gantert reports for The Epoch Times, Washington Gov. Bob Ferguson declared a statewide wildfire emergency on July 31 and imposed a statewide ban on most outdoor and agricultural burning through Sept. 30 as drought, unusually high temperatures, and strong winds continue to fuel record-setting wildfires across the state.

The emergency declaration was issued ahead of what the National Weather Service described as a "particularly dangerous situation" Red Flag Alert, with "extreme" weather conditions.

According to the governor's office, Washington is experiencing its fourth consecutive year of statewide drought. More than 1,000 fires have burned approximately 425,000 acres this year, the highest total since 2021. More than 200,000 acres are now burning in 12 large wildfires across the state.

The statewide burn ban prohibits activities including yard debris burning, trash disposal, land clearing, weed abatement, and bonfires and campfires that are not contained in approved fire rings or fire pits. The ban does not apply to liquid- or gas-fueled stoves and grills used over nonflammable surfaces, permitted agricultural burning, or contained campfires in designated campgrounds and on private property.

The emergency proclamation also allows Washington to request additional resources through the Emergency Management Assistance Compact, a nationwide mutual aid system, and authorizes additional activation of the Washington National Guard to support firefighting operations as needed.

Ferguson also activated 110 members of the Washington National Guard to support firefighting operations across the state, according to the statement. Those National Guard members were in addition to 27 helicopter crew members activated earlier in July.

"This year has already been one of our busiest wildfire years on record, and we just started August," Commissioner of Public Lands Dave Upthegrove said in a statement.

"Our firefighters are already stretched thin across the state, and with more heat and wind expected this weekend and for the rest of the summer, any new spark on our tinder-dry landscapes can lead to another devastating wildfire. I'm urging all Washingtonians not to be that spark."

The fires are "really the worst natural disaster our region has faced," Spokane Mayor Lisa Brown said at a news conference Sunday afternoon.

Nearly 12,000 utility customers in Washington, the vast majority of them in Spokane, were without power Sunday, according to the utility tracker PowerOutage.us.

Tyler Durden Tue, 08/04/2026 - 10:35

Cracker Barrel Old Country Store has built its reputation on serving Southern comfort food and nostalgic favorites — which may explain why some discontinued menu items continue to spark passionate reactions from loyal customers.

Last month, Page Six exclusively reported that the comedian and Hewitt reached a co-parenting agreement.

Last month, Page Six exclusively reported that the comedian and Hewitt reached a co-parenting agreement.

As of Tuesday, 3,802 cases had been recorded, with 1,707 deaths, according to the latest government update.

Volpe was demoted to Triple-A on Monday night.

Get in Ted Lasso fans, we're going to Kansas City!

Get up to $1,000 matched in FanCash with the Fanatics Sportsbook promo code NYPOST26.

Davante Adams says he went 12 NFL seasons without a scheduled practice day off. Now, Sean McVay and the Los Angeles Rams are embracing a smarter approach, proving that rest—not punishment—may be the key to extending greatness.

The ruling comes after a federal judge earlier this year blocked a similar law in California that was enacted after the Trump administration aggressively worked to increase immigration arrests.

Five Killed In Latest Ukrainian Drone Strike On Moscow As Civilian Death Toll Climbs

Ukraine has continued to conduct long-range drone strikes focused on the Moscow region, deep inside Russian territory. Zelensky has touted that he is ramping up the military pressure on Russia, and will force it to the negotiating table to end the war "by winter".

The latest overnight strikes killed at least five people and injured ten when a drone hit an industrial zone near Moscow. Several fires erupted in the aftermath of the attack on the Novoselki industrial zone outside the Russian capital.

Damage in Moscow region, via Telegram

Moscow's regional governor Andrey Vorobyov announced on Telegram, "Sadly, there have been fatalities and injuries... I extend my sincere condolences to the families and loved ones of the deceased."

Air defenses were active in the region, and it comes amid a broader Ukrainian campaign targeting Russian industrial zones and manufacturing. According to details in Russian media:

One of the wounded remains in serious condition, with doctors describing the injuries of seven others as moderate, the governor said. Two more people declined hospitalization after being examined by doctors, he added.

The victims sustained shrapnel and blast injuries, fractures, and soft-tissue and chest wounds, Vorobyev wrote.

Fires broke out at several locations in the industrial zone, including at a warehouse, while a power substation and an administrative building were also damaged by drone debris, the governor added.

In the village of Solnyshkovo, a drone damaged a private home and a vehicle, the governor said. No one was injured, he added.

At this point, there are hundreds of drones sent on Russia each night, which Ukraine describes as retaliation for heavy Russian ballistic missile attacks on its cities.

The Russian Defense Ministry announced Tuesday morning that 320 Ukrainian drones were intercepted and destroyed inside Russia in the prior 12 hours across several regions. It has decried these as terror attacks against civilians, including a horrific drone strike on a crowded beach.

It happened Monday at the Black Sea holiday village of Arkhipo-Osipovka, Gelendzhik resort area:

The beach was packed, many vacationers lounging near the turquoise waters when the drone slammed into the white sand and burst into a fireball.

Russian officials said seven people, including three children, were killed and 58 others injured by the explosion in the Black Sea resort town of Gelendzhik on Monday. The explosion was captured on video and shared on social media, and verified by NBC News.

The civilian death toll has been mounting. Russian Ambassador-at-Large Rodion Miroshnik said a total of 49 civilians have been killed and more than 340 others wounded in Ukrainian attacks inside Russia over just the past week.

Russian officials say air defenses repelled a drone attack on the Moscow region, Authorities say five people were killed and 10 injured as fires broke out in an industrial area in Chekhov district.

Emergency crews remain at affected sites as authorities monitor further drones. pic.twitter.com/J9lyUHHsAu

— Al Jazeera English (@AJEnglish) August 4, 2026

Ukrainian civilians have also continued to suffer, with Russian attacks having killed three people in Sumy in the country's northeast, the head of the regional military administration said Tuesday.

"Two children and an elderly woman were killed in Russian (guided aerial bomb) strikes on Sumy tonight," Oleg Grygorov said on Telegram. "The girls were 5 and 10 years old. The children's bodies were recovered from under the rubble of their house," he described after six guided aerial bombs struck the city.

Tyler Durden Tue, 08/04/2026 - 10:20

US Core Factory Orders Unexpectedly Plunge Most In A Year

Despite the latest Manufacturing PMI surging to four year highs, US Factory Orders unexpectedly dropped in June (-0.3% MoM vs +0.2% MoM expected). This is the second monthly decline in the headline print in a row, but orders remain up 7.4% YoY...

Source: Bloomberg

Worse still, Core Factory Orders (excluding Transports), dropped 0.4% MoM (dramatically missing expectations of a 0.4% MoM rise). This is the first monthly drop since October and biggest MoM decline since April 2025...

Source: Bloomberg

Orders Ex-Defense also tumbled 0.4% MoM, down for the second month in a row.

So while the soft survey data is positive, the hard data is deteriorating.

The reason for that is a familiar one in this bifurcated economy, as we showed from ISM's respondents...

• Green ones from AI, semiconductor, electronics and machinery firms report strong demand from AI data centers, chips and defense.

• Red ones from metals, transportation, chemicals and consumer-related sectors report weak demand, tariffs, higher costs, geopolitical risks and pricing chaos.

Simply put, the AI supply chain is booming, Defense is enthused; the rest is not.

Tyler Durden Tue, 08/04/2026 - 10:15

A mother of four with a history of blood-clotting disorders found herself suddenly clinging to life in a hospital after being bitten by an unknown number of spiders while visiting Cheney Lake about 35 miles west of Wichita.

The Chicago-based pharmacy chain first announced plans in October 2024 to close roughly 1,200 underperforming stores over the next three years.

Sager's latest page-turner, "The Unknown," is out now.