{
    "success": true,
    "data": {
        "id": 1564247,
        "msgid": "amazon-loses-us-450-billion-in-nine-days-what-happened-1771642326",
        "date": "2026-02-19 17:30:00",
        "title": "Amazon Loses US$450 Billion in Nine Days \u2014 What Happened?",
        "author": "",
        "source": "VIVA",
        "tags": "bisnis",
        "topic": "Technology",
        "summary": "Amazon's market capitalisation shed approximately US$450 billion over nine trading days in early February 2026, marking its worst decline in a decade, as investors reacted to the company's announcement of US$200 billion in capital expenditure for artificial intelligence infrastructure.",
        "content": "<p>Jakarta, VIVA \u2013 Shares in e-commerce and cloud computing giant Amazon\nunderwent a prolonged correction over nine trading days. The sharp\ndecline reached 18 per cent, wiping billions of dollars from the\ncompany\u2019s market capitalisation.<\/p>\n<p>Amazon\u2019s market value was eroded by approximately US$450 billion,\nequivalent to an estimated Rp 7,616.9 trillion (at an exchange rate of\nRp 16,930 per US dollar). The loss in market capitalisation occurred\nduring trading sessions from 2 to 13 February 2026, making it the\ncompany\u2019s worst decline in a decade.<\/p>\n<p>According to CNBC International, investors engaged in profit-taking\namid concerns over the company\u2019s plans to pour enormous sums into\nartificial intelligence technology. The pressure was compounded by sales\nfigures and fourth-quarter 2025 performance results released in early\nFebruary 2026.<\/p>\n<p>In its report, Amazon announced capital expenditure plans of US$200\nbillion this year \u2014 a surge of nearly 60 per cent compared with the\nprevious year and roughly US$50 billion above Wall Street\nexpectations.<\/p>\n<p>The bulk of the spending will be allocated to AI development,\nincluding data centre construction, chip procurement, and network\ninfrastructure.<\/p>\n<p>This aggressive move has triggered investor unease. Investors are\nquestioning whether the massive AI investment will suppress or even\nerode the company\u2019s free cash flow in the short term.<\/p>\n<p>Across the industry, the AI spending race is intensifying. Combined\ncapital expenditure by Amazon, Alphabet, Microsoft, and Meta is\nprojected to reach US$700 billion this year for building AI\ninfrastructure.<\/p>\n<p>Amazon chief executive Andy Jassy expressed optimism to analysts that\nthe substantial outlays would generate commensurate returns.<\/p>\n<p>Matt Garman, chief executive of Amazon Web Services (AWS), likewise\nargued that increased capital expenditure is the key to seizing AI\nopportunities in the cloud business. He said the additional investment\nwould expand AWS\u2019s capacity and competitiveness.<\/p>\n<p>Analysts at Wedbush noted that Amazon is now in a phase of proving\nitself to investors, seeking to demonstrate that it can deliver\nsatisfactory returns on the capital allocated to AI spending.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/amazon-loses-us-450-billion-in-nine-days-what-happened-1771642326",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}