In 2001, when Amazon's stock plunged 93% and bankruptcy seemed likely, fund manager Bill Miller saw value in its cash flow and bought more shares at $6 each. While Wall Street doubted Amazon's survival, Miller focused on the company's strong core business and cash generation, which proved correct as Amazon's stock soared over 82,000% by 2026. His conviction made him the largest individual Amazon shareholder outside the Bezos family and highlights the importance of analyzing cash flow over market sentiment. This story underscores the challenge and reward of holding through severe downturns in investing.
Amazon's shares trade at USD 251.43 on Pluang as of Oct 01, 2026 17:51 WIB, close to its 52-week high of USD 284.02 and well above the 52-week low of USD 198.79. The stock's steady 1-day gain of 0.92% contrasts with the severe 93% drop it suffered in 2001, highlighting its remarkable recovery. On Pluang, buyers currently dominate with 65% of order activity, reflecting ongoing investor interest despite the stock's high valuation at a $2.69 trillion market cap.
Constellation Energy secured a 20-year power agreement with Amazon to support over $3 billion investment in expanding its Calvert Cliffs nuclear plant, ensuring long-term electricity supply for Amazon's regional operations. Tencent signed a $7 billio...
Amazon's AI infrastructure capital expenditure is projected to reach $220 billion by 2026, supported by substantial multi-year commitments from Anthropic and OpenAI totaling over $225 billion in AWS and Trainium capacity. AWS reported a 37% year-over...
Rosenblatt increased Amazon's price target from $335 to $360, maintaining a Buy rating amid concerns that AI shopping agents might threaten Amazon's retail media business. The firm argues these fears are overstated, noting Amazon's history of adaptin...
Jeff Bezos sold $346 million of Amazon stock on August 3, 2026, coinciding with a peak in Amazon's share price. However, the stock declined about 14% since then, pressured by regulatory concerns, a lawsuit from the FTC and 22 states over advertising ...
Synopsys and Amazon have entered a multi-year agreement worth over $1 billion to accelerate the development of Amazon's custom silicon chips and AI-powered cloud infrastructure. This deal expands Synopsys' silicon IP business with Amazon as the lead ...
