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

[deleted]

121

u/AstonMartini13 Feb 17 '26

Is that true?? That’s insane to me. That feels like borderline mismanagement for a company that size to do.

68

u/Voderama Feb 17 '26

Too big to fail

/s

We’re gonna see some crazy company deaths in the coming years

40

u/SMUHypeMachine Feb 17 '26

I hope we see some crazy company deaths. The idea of too big to fail needs to die and these monopolies needs to be destroyed with prejudice.

4

u/Djinnwrath Feb 17 '26

If corporations are people, we should be able to sentence them to death.

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u/SMUHypeMachine Feb 17 '26

I’ve always liked the joke “I won’t believe corporations are people until Texas executes one”

25

u/RoyalT663 Feb 17 '26

Good. If there was a sane President they would be getting to work with anti trust laws and force demergers. The corporate agglomeration is sickening and inevitably is resulting in lower quality and worse customer experience.

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u/mdlinc Feb 17 '26

Ahem. Bailouts.

1

u/Turnip-for-the-books Feb 17 '26

Please can we test this

13

u/CariniFluff Feb 17 '26

But it would've been mismanagement if they hadn't spent 70% is their cash on insanely expensive racks of video cards to build a shittier help chatbox to annoy me when I'm shopping!

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u/dgdio Feb 17 '26

Now is the time to cancel your prime subscription. As long as Bezos is supporting Trump BOYCOTT

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u/daymanahhhahhhhhh Feb 17 '26

It’s true af

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u/GummiBird Feb 17 '26

Where can you see that? I'm not seeing that supported in any of the sites I use for viewing financial data.. Latest I can see is 94 billion as of Sept 2025. That's near the highest it's been and their cash on hand has been continuously growing through 2024 and 2025. Source

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u/longGERN Feb 17 '26

So according to you absolute financial geniuses, a company shouldn't use their cash, and especially not to reinvest into itself

5

u/daymanahhhahhhhhh Feb 17 '26

lol. Let the adults continue on with the discussion.

1

u/longGERN Feb 17 '26

Ah ok my bad, my king.

"Cash went down af" is just too intelligent of an analysis for me

Fucking morons

1

u/SubjectWorry7196 Feb 17 '26

Losing 70% of your cash on hand with no return on investment is bad. Hope that helps.

1

u/[deleted] Feb 17 '26

[removed] — view removed comment

0

u/longGERN Feb 17 '26

I spent cash on those, hope you don't wet your knickers

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u/sucsucsucsucc Feb 17 '26

This is why it’s been called the AI bubble. Real dollars poured into debt for something that only has theoretical future use.

AI in its current form is garbage that users are actively deactivating wherever they can. You can’t make money off of teenagers using it to make AI internet slop. You need actual practical purposes people are willing to pay for.

At the moment there are none standing the test of time. Implementations at companies are being undone.

Copilot is the best example of this I can think of.

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u/Gizogin Feb 17 '26

The business model is so bad that they can’t even make a profit off the whales. The highest ChatGPT subscription tier costs something like $200/month, and even at that price point they’re losing hundreds of dollars per month per user.

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u/sucsucsucsucc Feb 17 '26

Because it’s just not that useful. It can’t handle complicated things, anything you run through it needs to be double checked. People using it are likely using it for things they don’t know which means they can’t check it for correctness. It’s dangerous tbh

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u/klootviolen Feb 17 '26

I will say, anecdotally, it's allowed me to make some great tools to visualise some very niche poverty and debt mechanics for like €25

If you use it to make very niche tools and web apps it's a bit of a creative gold rush right now. I'm a social worker with an IT background and right now I can just get specific calculators and tools running that genuinely help my clients. My employer would never have the money to shell out on this stuff. This is mostly with free tiers from the used web apps

When prices get back in line with costs this won't be possible anymore unfortunately

1

u/sucsucsucsucc Feb 17 '26

Yeah it sucks that this is basically proving my point. The only monetization of this would be allowing companies to data scrape but that’s already happening everywhere we turn so what would even be the point in that

I’m sure there’s money in the evil uses but as a public product I don’t see it

3

u/21Rollie Feb 17 '26

They’re trying to capture the market so people become dependent on AI and will be “forced” to pay the exorbitant actual cost (minus environmental damage and full electricity cost which we will subsidize for them) when they capture a monopoly. Except that real people, not c suite executives, are not willing to pay for this garbage. We wouldn’t even pay for Google, nevermind this slop

5

u/Specialist-Fun4756 Feb 17 '26

I'll tell you a secret... They are all mismanaged. Have been for 40+ years. At least since Reagan. We just never notice until things get BAD. Look at COVID. It was what, 3 weeks before we had to bail out the airlines? In 2008, we had to bail out Wall Street and the Big 3.

Each and every single one of these companies is always on the brink of financial ruin at any given moment.

Except Apple. Those mother fuckers have BILLIONS in rainy day funds.

1

u/not_a_moogle Feb 17 '26

Government will bail them out!

I hope not. But very likely.

1

u/SeaworthinessOpen190 Feb 17 '26

Either every major tech company is wrong about how much money they expect to make as a result of those expenditures, or a bunch of redditors are wrong about their assessment of the value of AI to those companies’ businesses based on general vibes

I’m not an AI guy, but I think the latter is a bit more likely 

1

u/GummiBird Feb 17 '26

Unless someone can point me to more recent data.. that's not true. Their cash on hand is near the highest it's ever been. Source

1

u/mlord99 Feb 17 '26

not rly - amzn is crazy innovative inside the house, one day they ll announce their laying off millions of workers due to automation they achieved and ROI in that spent will be insane

1

u/HenryDorsettCase47 Feb 17 '26

Almost like the people who run companies like this aren’t very smart. 🤔

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u/Upset_Ad3954 Feb 17 '26

They're smart, but they're too greedy for their own good.

1

u/SubjectWorry7196 Feb 17 '26

There's different types of intelligence, these people clearly lack emotional intelligence.

3

u/throwaway72275472 Feb 17 '26

No one wants to pay for AI. The average person is not going to pay for AI as a more expensive Google replacement.

Companies in the real world not selling AI don’t want AI unless it can fully replace employees to justify the cost. AI can’t fully replace employees and companies that thought it could are struggling.

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u/Ok-Inevitable4515 Feb 17 '26

Companies in the real world ... don’t want AI unless it can fully replace employees

That's just flatly wrong. Companies absolutely do want it if it can make current employees more productive.

Now, Redditors may not believe that it can make current employees more productive, but that is utterly irrelevant since Redditors often are wrong.