The online retail giant is the first company to have shed that much market value. It hit a 52-week low on Wednesday in a painful reminder to investors that valuation multiples change dramatically in bear markets.

  • Amazon fell below $900 billion at the close on Wednesday, having topped out at roughly $1.9 trillion back in July 2021. It has since been dragged down by weak earnings and a drop in technology-stock valuations.
  • Amazon’s fall outstrips that of Microsoft, which has lost roughly $950 billion from peak to trough.
  • Amazon CEO Andy Jassy took over in July 2021 when the stock traded at more than 65 times trailing earnings. Amazon now trades for less than 50 times estimated 2023 earnings.

What’s Next:Amazon is preparing for a potentially tricky holiday season, having highlighted an unusually large range of possible operating income for the fourth quarter of anywhere between zero and $4 billion. With e-commerce spending likely to be restrained in the short term, the pressure is on the cloud-computing unit, which has slowed recently.

Adam Clark



Your Tax Free Donations Are Appreciated and Help Fund our Volunteer Website

Disclaimer: We at Prepare for Change (PFC) bring you information that is not offered by the mainstream news, and therefore may seem controversial. The opinions, views, statements, and/or information we present are not necessarily promoted, endorsed, espoused, or agreed to by Prepare for Change, its leadership Council, members, those who work with PFC, or those who read its content. However, they are hopefully provocative. Please use discernment! Use logical thinking, your own intuition and your own connection with Source, Spirit and Natural Laws to help you determine what is true and what is not. By sharing information and seeding dialogue, it is our goal to raise consciousness and awareness of higher truths to free us from enslavement of the matrix in this material realm.


  1. Easy come, easy go covid-terror/lockdown money. Hopefully all the criminal giant enterprises, especially Big Pharma, Big Tech and Big Media will follow, all the way to bankruptcy.


Please enter your comment!
Please enter your name here