Market Value

Amazon Hit with Nearly $1B Fine as Stock Drops 8.1%, Bezos Loses $13.5B

Amazon hit with $887 million fine by European privacy watchdog as it sees $148 billion in market value wiped out after missing sales forecast—Bezos still world's richest person.

Tesla’s ‘Brutal Selloff’ Worsens, Market Value Losses Hit $300 Billion As Investors Move Away From Big Tech

Shares of electric carmaker Tesla–last year’s best-performing S&P 500 stock—plunged to their lowest level in three months Monday as the broader market rallied—yet another sign the recently booming market for tech stocks could be over, once postpandemic spending drives growth into other industries.

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