The market value of Amazon.com Inc went down to $1 trillion after the report of earnings and investors are running for the exit after outlook sent to them.

On 28 October 2022, the stock went down at 12 per cent after the e-commerce giant projected the slowest in festive quarter growth in the history of the company. The market value of the company fell to $995 billion previously the stock rebounded and declined 6.8 per cent in the closing trade.

On 27 October 2022, the stock had fallen at 21 per cent. In the domestic market Amazon has a long list of US companies to evaluate their market values in 2021.

The position of Amazon with valuations more than $1 trillion have thinned in 2022 with soaring US Treasury rates. During the highest inflation in decades particularly in largest stocks of technology companies. The Nasdaq 100 Index went down at 29 per cent from 2020 to economic growth from the supply chain after raising risk.

During Covid-19 the business reached a $1.88 trillion peak in 2021. Now, growth is slow and with a backdrop of macroeconomics whose shares went down at 38 per cent in 2021.