Amazon the first company to record a 1 trillion decrease in profits

Amazon became one of the first που έχασε 1 τρισ dollars. This week, Jeff Bezos' Everything Store became the first publicly traded company to lose $1 billion in market valuation.

amazon

The shocking facts, first reported by the , are the results of a deteriorating economy, repeatedly dismal earnings reports and massive stock price declines. Amazon, worth $1,882 trillion as of June 21, reported a comparatively paltry $878 billion valuation on Thursday. Microsoft, which narrowly overtook Apple as the world's most valuable company last year, wasn't far behind, with market valuation losses hovering around $900 billion. In combination, the declines in share price from the companies capture the impact of a lousy year that most want to soon forget.

Αυτές οι μειώσεις στην τιμή των μετοχών δεν περιορίστηκαν μόνο στην Amazon και τη Microsoft. Οι πέντε πιο πολύτιμες εταιρείες τεχνολογίας των ΗΠΑ φέρεται να έχασαν συνολικά 4 τρισεκατομμύρια δολάρια σε αξία φέτος. Για να του δώσουμε μια προ, this amount is greater than the combined GDP of Turkey, Argentina and Switzerland.

Amazon, in particular, disappointed investors last month after the company's revenue for the third quarter of 2022 fell short of expectations. The company also announced that it expects to see growth in the fourth quarter but only at a rate of 2-8%. That percentage is good for a normal company, but not at all normal for Amazon. Like many other companies, Amazon has also had to deal with declining e-commerce markets as consumers began to return to retail stores.

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Amazon, amazon stock, amazon greece, amazon europe

Written by giorgos

George still wonders what he's doing here ...

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