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Amazon Faces Historic Loss Streak Amid Investor Concerns

2/17/2026

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Summary

Story summary

Amazon shares faced a potential tenth consecutive day of losses, tying the longest daily-loss streak from 1997.
Andy Jassy, Amazon Chief Executive Officer, spoke with CNBC at the World Economic Forum in Davos on January 20, 2026.
The stock has fallen about 18% since February 2, erasing roughly $450 billion in market value.
Investor concerns center on the fourth-quarter earnings report and spending plans on artificial intelligence.

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Story summary

Amazon shares faced a potential tenth consecutive day of losses, tying the longest daily-loss streak from 1997.
Andy Jassy, Amazon Chief Executive Officer, spoke with CNBC at the World Economic Forum in Davos on January 20, 2026.
The stock has fallen about 18% since February 2, erasing roughly $450 billion in market value.
Investor concerns center on the fourth-quarter earnings report and spending plans on artificial intelligence.