Editor
Amazon.com Inc. is the world’s first public company to lose a trillion dollars in market value as a combination of rising inflation, tightening monetary policies and disappointing earnings updates triggered a historic selloff in the stock this year.
Shares in the e-commerce and cloud company fell as much as 4.6 percent on Wednesday, pushing its market value to about $878 billion from a record close at $1.882 trillion on July 2021. Amazon and…
