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Amazon Becomes the First Company Ever to Lose $1 Trillion in Stock Value
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Topic: Amazon Becomes the First Company Ever to Lose $1 Trillion in Stock Value (Read 2410 times)
rcjordan
I'm consulting the authorities on the subject
Global Moderator
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Posts: 16322
Debbie says...
Amazon Becomes the First Company Ever to Lose $1 Trillion in Stock Value
«
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
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rcjordan
I'm consulting the authorities on the subject
Global Moderator
Hero Member
Posts: 16322
Debbie says...
Re: Amazon Becomes the First Company Ever to Lose $1 Trillion in Stock Value
«
Reply #1 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
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littleman
Administrator
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Posts: 6548
Re: Amazon Becomes the First Company Ever to Lose $1 Trillion in Stock Value
«
Reply #2 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.
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rcjordan
I'm consulting the authorities on the subject
Global Moderator
Hero Member
Posts: 16322
Debbie says...
Re: Amazon Becomes the First Company Ever to Lose $1 Trillion in Stock Value
«
Reply #3 on:
November 11, 2022, 02:55:36 PM »
>peak Amazon
I'll see what I can do, hhh.
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rcjordan
I'm consulting the authorities on the subject
Global Moderator
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Posts: 16322
Debbie says...
Re: Amazon Becomes the First Company Ever to Lose $1 Trillion in Stock Value
«
Reply #4 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
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Brad
Inner Core
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Posts: 4151
What, me worry?
Re: Amazon Becomes the First Company Ever to Lose $1 Trillion in Stock Value
«
Reply #5 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.
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Travoli
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Posts: 1207
Re: Amazon Becomes the First Company Ever to Lose $1 Trillion in Stock Value
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Reply #6 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.
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buckworks
Inner Core
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Posts: 1634
Re: Amazon Becomes the First Company Ever to Lose $1 Trillion in Stock Value
«
Reply #7 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.
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rcjordan
I'm consulting the authorities on the subject
Global Moderator
Hero Member
Posts: 16322
Debbie says...
Re: Amazon Becomes the First Company Ever to Lose $1 Trillion in Stock Value
«
Reply #8 on:
November 30, 2022, 08:30:59 PM »
Fire TV Sticks, AirPods and Champion clothing were among the top-selling items, Amazon said.
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Amazon Becomes the First Company Ever to Lose $1 Trillion in Stock Value