Amazon snaps 9-day losing streak when its market cap lost $450 billion
Andy Jassy, CEO of Amazon, speaking with CNBC at the World Economic Forum in Davos, Switzerland, Jan. 20, 2026. CNBC 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…