Amazon plunges 9%, continues Big Tech's $1 trillion wipeout as AI bubble fears ignite sell-off

Comments

• Ulrich@feddit.org ⁨2⁩ ⁨weeks⁩ ago

  MORE

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• SoupBrick@pawb.social ⁨2⁩ ⁨weeks⁩ ago

  :)

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  • rockprada@midwest.social ⁨2⁩ ⁨weeks⁩ ago

    :)

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    • NebulaNymph@programming.dev ⁨2⁩ ⁨weeks⁩ ago

      :)

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• skip0110@lemmy.zip ⁨2⁩ ⁨weeks⁩ ago

  Their revenue is growing. Their revenue only from Amazon sales to consumers is also growing (excluding things like AWS, streaming, and advertising). The proportion of sales to Prime members is growing (they stopped reporting Prime membership, but we can presume that it also growing, from this).

  The few people boycotting Amazon, maybe for short periods of time, isn’t enough. Every small step is helpful but we need much, much more.

  For my part I last used Amazon services in 2024. (personally, not counting AWS at work)

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• Kissaki@beehaw.org ⁨2⁩ ⁨weeks⁩ ago

  Nvidia hasn’t really fallen yet. Across six months it’s pretty flat. Nothing like Microsoft or Amazon which have significant dips.

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• unexposedhazard@discuss.tchncs.de ⁨2⁩ ⁨weeks⁩ ago

  Get the popcorn ready :3

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• anachronist@midwest.social ⁨2⁩ ⁨weeks⁩ ago

  Nature is healing

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• SalaTris@beehaw.org ⁨2⁩ ⁨weeks⁩ ago

  I wonder if boycotting of big tech will be swept under the rug of AI fear…

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