Amazon Closes Below $1 Trillion in Market Value for First Time Since 2020

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Amazon Closes Below $1 Trillion in Market Value for First Time Since 2020

Bloomberg2022-11-02

A weak forecast contributed to a five-day drop for the stockTech has slumped this year on concerns over growth, ratesAmazon.com Inc. shares fell on Tuesday, with the e-commerce and cloud-computing ...

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Road1Warrior
·2022-11-02
LOOK like it has more to fall???
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All in Tesla
·2022-11-02
Hmm slowly more will fall below 1T
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Chopper0905
·2022-11-02
liked
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yyhwin12345
·2022-11-02
Hi
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1
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TeslaLegend
·2022-11-02
Nice
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2
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Jeffso
·2022-11-02
Ok
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4
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- MIe:
  Amazon dip buy long term by 2024 upside
  2022-11-02
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- Jeffso:
  Ok
  2022-11-02
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Deonc
·2022-11-02
Good sharing
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6
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- Mtan23:
  Ok
  2022-11-02
  Reply
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AA_EhhEhh_88
·2022-11-02
ccvbbdss
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6
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- yyhwin12345:
  Hi
  2022-11-02
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- AA_EhhEhh_88:
  ncnccnc
  2022-11-02
  Reply
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Longs
·2022-11-02
[OK] [Salute]
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4
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- TeslaLegend:
  Nice
  2022-11-02
  Reply
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Le66ad
·2022-11-02
👍🏻
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8
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- Le66ad:
  👍🏻
  2022-11-02
  Reply
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JeffTai
·2022-11-02
Ok
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7
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- Dividend Investing:
  Ok
  2022-11-02
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Bonghanhuei
·2022-11-02
Ok
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7
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- SUPERCHARGER:
  Ok
  2022-11-02
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LEESIMON
·2022-11-02
is good
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5
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BullishKing
·2022-11-02
Like
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7
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JimmySiew
·2022-11-02
Ok
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4
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Ahsiang
·2022-11-02
Omg
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7
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- JeffTai:
  ok
  2022-11-02
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stardice
·2022-11-02
Please help like and comment. Thanks
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- Jaden994:
  liked and commented
  2022-11-02
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- ckww:
  Sure
  2022-11-02
  Reply
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- Zarkness:
  Ok
  2022-11-02
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imsomeonelse
·2022-11-02
Sad sad
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- Bonghanhuei:
  ok
  2022-11-02
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- Ahsiang:
  Ok
  2022-11-02
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Prosperity88
·2022-11-02
Yes
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- RW5:
  O
  2022-11-02
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Singman
·2022-11-02
Like
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- KingJo:
  Ok
  2022-11-02
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closing below $1 trillion in market value for the first time since the early days of the Covid-19 pandemic more than two years ago.The stock fell 5.5% to end at $96.79, representing a market capitalization of $987.4 billion. Shares closed at their lowest level since April 2020, and have dropped 42% this year. At its Nov. 18 peak, Amazon boasted a market cap of nearly $1.9 trillion.It was the fifth straight negative session for Amazon -- down about 20% over the period. Meanwhile, the Nasdaq 100 Index fell 1% on Tuesday.Recent weakness was spurred by the Seattle company’s earnings report last week, when it projected the slowest holiday-quarter growth in its history. Amazon, which had posted record profits during the pandemic, said sales would increase by only 2% to 8% during what has traditionally been its peak season.Amazon, along with most other major technology and internet stocks, has been pressured throughout 2022 by concerns over slowing growth and rising interest rates. The economic uncertainty has weighed on the multiples of high-valuation stocks.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9985628324,"gmtCreate":1667379750568,"gmtModify":1676537908158,"author":{"id":"4098084219326670","authorId":"4098084219326670","name":"Road1Warrior","avatar":"https://community-static.tradeup.com/news/444bc0aeceab5292f15cd24cd37ab6c3","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":4,"crmLevelSwitch":1,"idStr":"4098084219326670","authorIdStr":"4098084219326670"},"htmlText":"LOOK like it has more to fall???","listText":"LOOK like it has more to fall???","text":"LOOK like it has more to fall???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9985628324","repostId":2280425093,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9985663267,"gmtCreate":1667375924959,"gmtModify":1676537907573,"author":{"id":"3577580366301047","authorId":"3577580366301047","name":"All in Tesla","avatar":"https://community-static.tradeup.com/news/8db11f6e6a9a2a52850e734188850dc2","vip":1,"crmLevel":9,"crmLevelSwitch":1,"idStr":"3577580366301047","authorIdStr":"3577580366301047"},"htmlText":"Hmm slowly more will fall below 1T","listText":"Hmm slowly more will fall below 1T","text":"Hmm slowly more will fall below 1T","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9985663267","repostId":2280425093,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9985660277,"gmtCreate":1667375184599,"gmtModify":1676537907404,"author":{"id":"4126236089551342","authorId":"4126236089551342","name":"Chopper0905","avatar":"https://community-static.tradeup.com/news/a52c68e0b84d7f61c9d9ccf225bb2bb8","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":4,"crmLevelSwitch":1,"idStr":"4126236089551342","authorIdStr":"4126236089551342"},"htmlText":"liked","listText":"liked","text":"liked","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9985660277","repostId":2280425093,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9985684477,"gmtCreate":1667374855100,"gmtModify":1676537907340,"author":{"id":"3586228965364851","authorId":"3586228965364851","name":"yyhwin12345","avatar":"https://static.tigerbbs.com/f73f48f7dbf02904c9a179fb59cc138d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586228965364851","authorIdStr":"3586228965364851"},"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9985684477","repostId":2280425093,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9985681916,"gmtCreate":1667373086835,"gmtModify":1676537907106,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","vip":1,"hat":"https://static.tigerbbs.com/f84859c65fc2d7681e28f6b8e9b0535a","crmLevel":4,"crmLevelSwitch":1,"idStr":"3572489627147183","authorIdStr":"3572489627147183"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9985681916","repostId":2280425093,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9985634913,"gmtCreate":1667368676033,"gmtModify":1676537906402,"author":{"id":"3582756157113197","authorId":"3582756157113197","name":"Jeffso","avatar":"https://static.tigerbbs.com/45c271a09ee55b5060316ef385a6b9d7","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3582756157113197","authorIdStr":"3582756157113197"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9985634913","repostId":2280425093,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104625640,"gmtCreate":1667374341855,"gmtModify":1667374354937,"authorId":3577182936341023,"author":{"id":3577182936341023,"idStr":"3577182936341023","authorId":3577182936341023,"name":"MIe","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President 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