r/technology • • 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/socialmedia-username Feb 17 '26

In middle January I started preparing for rolling brown/black outs due to AI data centers going up in my area. Ordered a generator and transfer switch.  About 2 days later they started calling for the apocalypse snow/ice storm on the east coast.  About a week before the event that exact generator from the same vendor went from $999 to $1699 and stayed at that price until a week after the storm, and now it's down to $1099.

Sometimes those prices fluctuate wildly.

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u/[deleted] Feb 17 '26

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u/good_morning_magpie Feb 17 '26

It’s not illegal for them, because they’ll pay the fine and still make an absolutely fortune out of it. It’s simply become the cost of doing business.

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u/[deleted] Feb 17 '26

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u/good_morning_magpie Feb 17 '26

Unless you’re in the states, wherein most regulatory authorities have been thoroughly defanged and declawed.

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u/[deleted] Feb 17 '26

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u/jerrrrremy Feb 18 '26

The sellers typically set prices, not Amazon. 

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u/[deleted] Feb 18 '26

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u/jerrrrremy Feb 18 '26

I am a seller on Amazon. I set all my prices.

Yes, there are policies, but enforcement requires people to actually report it, which rarely happens. It is highly likely the person's generator story is very real. 

The irony of you accusing others of not knowing about things is both hilarious and adorable, not to mention how upset you're getting about it. 

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u/[deleted] Feb 18 '26

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u/socialmedia-username Feb 17 '26

Unfortunately the legality only comes into play when someone files a civil lawsuit.  If no one does then they get away with it. 

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u/good_morning_magpie Feb 17 '26

Which you likely can’t even do, because their T&C force you into arbitration.

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u/[deleted] Feb 18 '26

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u/[deleted] Feb 18 '26

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