doolik website logo
It's impossible to overestimate the power of words in the huge ocean that is the internet, where innumerable websites fight for viewers' attention. By influencing opinions, arousing feelings, and motivating action, the text on your website acts as a conduit between your company and your target market. Vibrant website authoring is not only a luxury, but a need in this digital age when first impressions are made in milliseconds. We'll look at why writing compelling text is important and how it may improve your online visibility.
image of this article category

Amazon becomes world’s first public company to lose $1 trillion in market value

13.11.2022 08:48 AM
Latest
Amazon becomes world’s first public company to lose $1 trillion in market value
dooklik website logo
share
share this article on facebook
share this article on twitter
share this article on whatsapp
share this article on facebook messenger
Amazon becomes world’s first public company to lose $1 trillion in market value

E-commerce giant Amazon has become the first company in the world to lose $1 trillion in market value, amid concerns about its future.

And “Bloomberg” agency reported that the decline in the company’s market value came due to a combination of reasons, including high inflation, tightening monetary policies, and disappointing profits, which led to the historic sale of the company’s shares this year.

At the end of Wednesday's session, Amazon's stock fell 4.3% to $86.14, bringing the company's market value down to $878.5 billion, compared to a record $1.88 trillion value in July 2021.

The agency noted that fears of an economic recession affected the performance of technology stocks throughout the year, and the top 5 American technology companies by revenue saw nearly $4 trillion evaporate from market value this year.

And now in the world there are only four companies with a market value of more than a trillion dollars: Apple, Saudi Aramco, Microsoft and Alphabet.

Related Articles
doolik website logo
Success in the publishing industry nowadays depends on having a strong online presence in the digital era. E-publishers need to change to keep up with the changing needs of their audience, as more and more people are using the internet to find and buy books. Creating a polished website is one of the best methods to accomplish this. Here are the reasons why building a website ought to be a top priority for all e-publishers, along with how we can support this endeavour.
doolik website logo
One tactic sticks out as being particularly important in the always changing field of digital marketing: mobile marketing. Using smartphones, tablets, and other mobile devices to engage audiences is the goal of this dynamic approach, which includes a variety of approaches. The opportunities, ranging from social media to mobile apps, are numerous, but so are the problems. We will dive into the nuances of mobile marketing in this extensive guide, providing tips and tactics to assist companies get around this challenging environment and realize the full potential of this medium.
doolik website logo
YouTube has taken a significant step to enhance the visibility of concise educational videos elucidating fundamental first aid techniques for emergency and critical situations. The platform, in its commitment to facilitating access to vital information, announced on its official website a strategic initiative to streamline the discovery of instructive videos.
Live Video Streaming
Live video streaming lets you engage with your audience in real time with a video feed. Broadcast your daily show to your audience with no limits, no buffering and high quality videos. Reach all devices anytime anywhere with different video qualities that suits any device and any connection.
$1,120/YE*
The website uses cookies to improve your experience. We’ll assume you’re ok with this, but you can opt-out if you wish.
ACCEPT