Amazon snaps 9-day losing streak during which it lost more than $450 billion in value

• Amazon snapped 9 days of consecutive share losses, a stretch that wiped out more than $450 billion in market valuation.
• Investors went on a selling spree after Amazon said it expects to spend $200 billion this year on artificial intelligence initiatives.

Amazon shares closed up more than 1% on Tuesday, snapping a nine-day slide that shaved billions off of its market cap.

The stock shed roughly 18% of its value between Feb. 2 and Friday, marking the worst losing streak since 2006 and axing more than $450 billion in market valuation as investors question the merits of its artificial intelligence spending plans.

Source: https://www.cnbc.com/2026/02/17/amazon-stock-losing-streak.html