Amazon Lost US$1 Trillion in Market Value | 10 November 2022 | Daily Morning Note

Let the Money Talk · Nov 10, 2022 · 5m

Amazon.com is the world’s first public company to lose a trillion dollars in market value. Shares in the e-commerce and cloud company fell 4.3 per cent on Wednesday, pushing its market value to about US$879 billion from a record close at US$1.88 trillion on July 2021.

—

The Daily Morning Note is a round-up of local and global business headlines that you need to know to get ahead of your day.

This programme is brought to you by PYTCH Media, a creative studio powered by PhillipCapital — investing made simple and educational.

Subscribe and follow PYTCH Media:

LinkedIn…