Technology

Amazon becomes the world's first public company to lose $1T in market value, shrinking to ~$879B from $1.88T in July 2021; Microsoft lost $889B since Nov. 2021 (Bloomberg)

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Bloomberg:

Amazon becomes the world’s first public company to lose $1T in market value, shrinking to ~$879B from $1.88T in July 2021; Microsoft lost $889B since Nov. 2021  —  Amazon.com Inc. is the world’s first public company to lose a trillion dollars in market value as a combination of rising inflation …



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