$200 billion that continues to ‘frighten’ Amazon investors, as company's shares post their longest streak of daily losses in almost 20 years, $463 billion wiped out
Amazon shares experienced their longest losing streak in nearly two decades, shedding 18% and erasing $463 billion in market value. This downturn is largely attributed to the company's projected $200 billion capital expenditure for data centers and AI infrastructure, raising investor concerns about cash flow and cloud dominance.
Amazon shares experienced their longest losing streak in nearly two decades, shedding 18% and erasing $463 billion in market value. This downturn is largely attributed to the company's projected $200 billion capital expenditure for data centers and AI infrastructure, raising investor concerns about cash flow and cloud dominance.
