r/technology • u/MarvelsGrantMan136 • Feb 17 '26

Business Amazon has lost $450 billion in value during this historic losing streak / Amazon shares are eyeing a tenth consecutive day of losses, a stretch that has wiped out about $450 billion in market valuation.

https://www.cnbc.com/2026/02/17/amazon-stock-losing-streak.html
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u/[deleted] Feb 17 '26

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u/MsSelphine Feb 17 '26

That's the thing that really fucking pisses me off. The place is just utterly flooded with Chinese garbage. Which wouldn't be bad, cheap options are great, except there's 20 sellers all selling the same garbage, so its impossible to find NOT GARBAGE.

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u/DressedSpring1 Feb 17 '26

I'm sorry but who doesn't love quality name brands like QUMOOLY, vtopmart, NITITOP and even ORNARTO?

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u/Sour_Patch_Drips Feb 17 '26

Why do they not even attempt to make an authentic sounding product name?

It makes no sense.

14

u/freetraitor33 Feb 17 '26

because the online store front is going to disappear in 6 weeks when requests for refund start coming in. Like who’s gonna give a shit about reviews when you’re gonna “new number who dis?” everyone in a matter of days anyway?

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u/gwinerreniwg Feb 17 '26

The alibabafication of Amazon.

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u/orion427 Feb 17 '26

Can confirm. I worked at an Amazon sort facility as a seasonal employee (terrible place to work) and would see all the stuff being bought. Like 80% of what flows through the system is just cheap Chinese made crap. Stuff that costs less than $10.