{"id":9147,"date":"2022-11-10T14:12:29","date_gmt":"2022-11-10T13:12:29","guid":{"rendered":"https://cross-border-magazine.com/es/?p=9147"},"modified":"2022-11-10T14:12:30","modified_gmt":"2022-11-10T13:12:30","slug":"amazon-plunges","status":"publish","type":"post","link":"https://cross-border-magazine.com/es/amazon-plunges/","title":{"rendered":"Amazon plunges: it becomes the first public company to lose $1 trillion in market value"},"content":{"rendered":"\n
\"\"
\n\n\n\n

Amazon plunges in the stock market: is the world’s first public company to lose a trillion dollars in market value as a combination of rising inflation, tightening monetary policies, and disappointing earnings updates that triggered a historic selloff in the stock this year.

\n\n\n\n

🔥Do you want to know more about international commerce and e-commerce, and also get all the tips and news that might give your company an edge? Subscribe to Cross-Border Magazine and get your digital copy now for free!🔥

\n\n\n\n

Shares in the e-commerce and cloud company fell 4.3% on Wednesday, pushing its market value to about $879 billion from a record close of $1.88 trillion on July 2021.  

\n\n\n\n

The world’s largest online retailer has spent this year adjusting to a sharp slowdown in e-commerce growth as shoppers resumed pre-pandemic habits. Its shares have fallen almost 50% amid slowing sales, soaring costs, and a jump in interest rates. Since the start of the year, co-founder Jeff Bezos has seen his fortune dwindle by about $83 billion to $109 billion, according to data compiled by Bloomberg.

\n\n\n\n

Amazon’s plunge 

\n\n\n\n

Shares of Amazon (AMZN -4.27%) finished down 9% last month, according to data provided by S&P Global Market Intelligence. 

\n\n\n\n

Disappointing fourth-quarter guidance in the third-quarter earnings report was the main reason for the stock's decline, but there were a number of other news items showing the company shifting into cost-savings mode as it announced hiring freezes or even full-on closures of some smaller divisions.

\n\n\n\n

The stock tracked with the S&P 500 for most of the month but then diverged sharply when its earnings report came out.

\n\n\n\n

The big news last month and the reason the stock plunged 7% on Oct. 28 was that the company expects revenue to increase just 2% to 8% in the fourth quarter. Though that includes a foreign currency headwind of 460 basis points, the guidance signals that this will be the slowest-growth holiday quarter in the company's history.

\n\n\n\n

Like its FAANG stock peers, the company cited macro headwinds for the slower growth, but Amazon may also be reaching a point where it's too big to put up the kind of growth numbers that investors are used to as revenue is set to top $500 billion this year.

\n","protected":false},"excerpt":{"rendered":"

Amazon plunges in the stock market: is the world’s first public company to lose a trillion dollars in market value as a combination of rising inflation, tightening monetary policies, and...

\n","protected":false},"author":10,"featured_media":9148,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[95,98,202,321],"class_list":["post-9147","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-amazon","tag-cross-border","tag-e-commerce","tag-online-shopping"],"acf":[],"yoast_head":"\nAmazon plunges: it becomes the first public company to lose $1 trillion in market value - Cross-Border Magazine\n\n\n\n\n\t\n\t\n\t\n\n","yoast_head_json":{"title":"Amazon se desploma: se convierte en la primera empresa pública en perder un billón de dólares de valor de mercado - Cross-Border Magazine","description":"Amazon plunges in the stock market: is the world’s first public company to lose a trillion dollars in market.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https://cross-border-magazine.com/es/amazon-plunges/","twitter_misc":{"Written by":"Frank Calviño","Est. reading time":"2 minutes"},"schema":{"@context":"https://schema.org","@graph":[{"@type":"Article","@id":"https://cross-border-magazine.com/es/amazon-plunges/#article","isPartOf":{"@id":"https://cross-border-magazine.com/es/amazon-plunges/"},"author":{"name":"Frank Calviño","@id":"https://cross-border-magazine.com/es/#/schema/person/b6cd94aac4c53b0caeca4b3424fae960"},"headline":"Amazon plunges: it becomes the first public company to lose $1 trillion in market value","datePublished":"2022-11-10T13:12:29+00:00","dateModified":"2022-11-10T13:12:30+00:00","mainEntityOfPage":{"@id":"https://cross-border-magazine.com/es/amazon-plunges/"},"wordCount":381,"publisher":{"@id":"https://cross-border-magazine.com/es/#organization"},"image":{"@id":"https://cross-border-magazine.com/es/amazon-plunges/#primaryimage"},"thumbnailUrl":"https://cross-border-magazine.com/wp-content/uploads/2022/11/amazonplunge.jpg","keywords":["Amazon","cross-border","e-commerce","online shopping"],"articleSection":["News"],"inLanguage":"es-ES"},{"@type":"WebPage","@id":"https://cross-border-magazine.com/es/amazon-plunges/","url":"https://cross-border-magazine.com/es/amazon-plunges/","name":"Amazon plunges: it becomes the first public company to lose $1 trillion in market value - Cross-Border Magazine","isPartOf":{"@id":"https://cross-border-magazine.com/es/#website"},"primaryImageOfPage":{"@id":"https://cross-border-magazine.com/es/amazon-plunges/#primaryimage"},"image":{"@id":"https://cross-border-magazine.com/es/amazon-plunges/#primaryimage"},"thumbnailUrl":"https://cross-border-magazine.com/wp-content/uploads/2022/11/amazonplunge.jpg","datePublished":"2022-11-10T13:12:29+00:00","dateModified":"2022-11-10T13:12:30+00:00","description":"Amazon plunges in the stock market: is the world’s first public company to lose a trillion dollars in market.","breadcrumb":{"@id":"https://cross-border-magazine.com/es/amazon-plunges/#breadcrumb"},"inLanguage":"es-ES","potentialAction":[{"@type":"ReadAction","target":["https://cross-border-magazine.com/es/amazon-plunges/"]}]},{"@type":"ImageObject","inLanguage":"es-ES","@id":"https://cross-border-magazine.com/es/amazon-plunges/#primaryimage","url":"https://cross-border-magazine.com/wp-content/uploads/2022/11/amazonplunge.jpg","contentUrl":"https://cross-border-magazine.com/wp-content/uploads/2022/11/amazonplunge.jpg","width":1280,"height":720},{"@type":"BreadcrumbList","@id":"https://cross-border-magazine.com/es/amazon-plunges/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://cross-border-magazine.com/es/"},{"@type":"ListItem","position":2,"name":"Amazon plunges: it becomes the first public company to lose $1 trillion in market value"}]},{"@type":"WebSite","@id":"https://cross-border-magazine.com/es/#website","url":"https://cross-border-magazine.com/es/","name":"Cross-Border Magazine","description":"Platform for cross-border e-commerce","publisher":{"@id":"https://cross-border-magazine.com/es/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://cross-border-magazine.com/es/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"es-ES"},{"@type":"Organization","@id":"https://cross-border-magazine.com/es/#organization","name":"Cross-Border Magazine","url":"https://cross-border-magazine.com/es/","logo":{"@type":"ImageObject","inLanguage":"es-ES","@id":"https://cross-border-magazine.com/es/#/schema/logo/image/","url":"https://cross-border-magazine.com/wp-content/uploads/2026/07/cbm-logo-2024-white-black-background.png","contentUrl":"https://cross-border-magazine.com/wp-content/uploads/2026/07/cbm-logo-2024-white-black-background.png","width":686,"height":242,"caption":"Cross-Border Magazine"},"image":{"@id":"https://cross-border-magazine.com/es/#/schema/logo/image/"},"sameAs":["https://www.facebook.com/crossbordermagazine/","https://x.com/CrossBorderMag","https://www.linkedin.com/company/cross-border-magazine"]},{"@type":"Person","@id":"https://cross-border-magazine.com/es/#/schema/person/b6cd94aac4c53b0caeca4b3424fae960","name":"Frank Calviño","image":{"@type":"ImageObject","inLanguage":"es-ES","@id":"https://secure.gravatar.com/avatar/8a5ea6a63bee300c6feecc2f4f4f11241bdbe29463b8a9c3b000fbc38b9c821b?s=96&d=mm&r=g","url":"https://secure.gravatar.com/avatar/8a5ea6a63bee300c6feecc2f4f4f11241bdbe29463b8a9c3b000fbc38b9c821b?s=96&d=mm&r=g","contentUrl":"https://secure.gravatar.com/avatar/8a5ea6a63bee300c6feecc2f4f4f11241bdbe29463b8a9c3b000fbc38b9c821b?s=96&d=mm&r=g","caption":"Frank Calviño"},"url":"https://cross-border-magazine.com/es/author/f-calvino/"}]}},"_links":{"self":[{"href":"https://cross-border-magazine.com/es/wp-json/wp/v2/posts/9147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https://cross-border-magazine.com/es/wp-json/wp/v2/posts"}],"about":[{"href":"https://cross-border-magazine.com/es/wp-json/wp/v2/types/post"}],"author":[{"embeddable":true,"href":"https://cross-border-magazine.com/es/wp-json/wp/v2/users/10"}],"replies":[{"embeddable":true,"href":"https://cross-border-magazine.com/es/wp-json/wp/v2/comments?post=9147"}],"version-history":[{"count":1,"href":"https://cross-border-magazine.com/es/wp-json/wp/v2/posts/9147/revisions"}],"predecessor-version":[{"id":9149,"href":"https://cross-border-magazine.com/es/wp-json/wp/v2/posts/9147/revisions/9149"}],"wp:featuredmedia":[{"embeddable":true,"href":"https://cross-border-magazine.com/es/wp-json/wp/v2/media/9148"}],"wp:attachment":[{"href":"https://cross-border-magazine.com/es/wp-json/wp/v2/media?parent=9147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https://cross-border-magazine.com/es/wp-json/wp/v2/categories?post=9147"},{"taxonomy":"post_tag","embeddable":true,"href":"https://cross-border-magazine.com/es/wp-json/wp/v2/tags?post=9147"}],"curies":[{"name":"wp","href":"https://api.w.org/{rel}","templated":true}]}}