One of the world’s largest ecommerce platforms Amazon Something mind-blowing has happened. The company’s total inventory value has lost more than $1 trillion. Something like that before never, never happened. So what happened to make Amazon suffer such a massive loss of value?

By the way, Amazon has not been doing so well for a while. The announced figures were below expectations. One of these global inflation With the addition of a tightening monetary policy, the inevitable end came. Amazon’s market value, with the stock closing the last day $879 billion fell.

July 2021… Amazon’s Market Value is $1,882 Trillion!

Amazon, July 2021It reached a record valuation in . Official statements and figures from the company indicate the market value of the company. $1.88 trillion had demonstrated. Now we are far from that time. Company, 2018 In June of the year, he saw his market value again…

While Amazon has reached an all-time high, the situation is no different with other tech giants. for example Microsoft’s depreciation, at the $900 billion level. In fact, we can talk about a statistic like this: the 5 most valuable technology companies in the US lost $4 trillion in value in 2022. This number, Turkeymore than the combined gross domestic product (GDP) of Argentina and Switzerland.

In fact, all companies lost value with the increase in global inflation after the pandemic. In fact, Apple has managed to become the winner of the losers and add a new one to its titles: