The Core

Why We Are Here => Economics & Investing => Topic started by: rcjordan on November 10, 2022, 03:08:47 PM

Title: Amazon Becomes the First Company Ever to Lose $1 Trillion in Stock Value
Post by: rcjordan on November 10, 2022, 03:08:47 PM

The top four most valuable U.S. companies reportedly lost a combined $4 trillion in market cap this year.

https://gizmodo.com/amazon-market-cap-amazon-prime-e-commerce-1849764529

Title: Re: Amazon Becomes the First Company Ever to Lose $1 Trillion in Stock Value
Post by: rcjordan on November 10, 2022, 08:31:55 PM

+

Amazon is subjecting Alexa to a performance review - The Verge

https://www.theverge.com/2022/11/10/23451534/amazon-alexa-cost-cutting-review-andy-jassy

Title: Re: Amazon Becomes the First Company Ever to Lose $1 Trillion in Stock Value
Post by: littleman on November 11, 2022, 12:51:09 AM

I'm thinking we've hit peak Amazon as an commerce platform in the US domestic market.

Title: Re: Amazon Becomes the First Company Ever to Lose $1 Trillion in Stock Value
Post by: rcjordan on November 11, 2022, 02:55:36 PM

>peak Amazon

I'll see what I can do, hhh.

Title: Re: Amazon Becomes the First Company Ever to Lose $1 Trillion in Stock Value
Post by: rcjordan on November 30, 2022, 04:26:57 PM

>>peak Amazon

>I'll see what I can do, hhh.

Fixed.  Told the grandkids "See Santa over there with her Iphone?  Go sit on her knee and tell her what you want for christmas or I'm going to pick a gift."

Amazon touts record sales over holiday shopping weekend

https://www.cnbc.com/2022/11/30/amazon-touts-record-sales-over-holiday-shopping-weekend.html

Title: Re: Amazon Becomes the First Company Ever to Lose $1 Trillion in Stock Value
Post by: Brad on November 30, 2022, 06:19:24 PM

I have heard nothing but delivery trucks all day today (Wed.)  I'm assuming they are mostly Amazon because only they can somehow have 3 of their own trucks in the neighborhood at the same time with repeats all day long.

Title: Re: Amazon Becomes the First Company Ever to Lose $1 Trillion in Stock Value
Post by: Travoli on November 30, 2022, 07:08:39 PM

>repeats all day long.

Same story here. Multiple AMZN trucks all day long. Many items available for same-day delivery, or "overnight" (early morning) before 5am. Deliveries happen anytime between 2am and 10pm.

Title: Re: Amazon Becomes the First Company Ever to Lose $1 Trillion in Stock Value
Post by: buckworks on November 30, 2022, 07:54:01 PM

>> AMZN trucks all day long

In my location it's more secure to use the post office. Amazon doesn't always let me choose postal delivery but I do when I can. Ditto for other merchants.

I read someplace that slower shipping options tend to have a smaller carbon footprint. I don't know if it's true but I like to think so when I select cheapskate slow options.

Title: Re: Amazon Becomes the First Company Ever to Lose $1 Trillion in Stock Value
Post by: rcjordan on November 30, 2022, 08:30:59 PM

Fire TV Sticks, AirPods and Champion clothing were among the top-selling items, Amazon said.