Tech industry insiders, including Thiel, Bezos, and Zuckerberg, sold $hundreds of millions of shares, signaling potential tech stock market peak.
Tech industry insiders, including Peter Thiel, Jeff Bezos, and Mark Zuckerberg, sold hundreds of millions of dollars worth of their companies' shares this quarter, signaling recent stock market exuberance could be peaking. The insider selling to insider buying ratio is at its highest level since Q1 2021, possibly indicating the tech bull run, fueled by AI excitement, may be waning.
March 24, 2024
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