Amazon Faces Longest Streak of Daily Losses in Two Decades

Amazon shares are experiencing their longest streak of daily losses in nearly 20 years. Bloomberg posted on X, highlighting investor concerns over the company's capital expenditure levels. The e-commerce and cloud-computing giant's spending habits have raised questions among investors, contributing to the ongoing decline in its stock value. This trend reflects broader apprehensions about Amazon's financial strategies and their impact on future profitability.