Amazon's 9-Day Losing Streak Is Overdone, Says Futurum's David Nicholson, Calling $400 Billion Rout A 'Game Of Chicken' - Amazon.com (NASDAQ:AMZN)

Market Sentiment Vs. RealityAmazon recently faced a historic nine-day losing streak, its longest since 2006, resulting in a staggering $400 billion wipeout in market capitalization.The decline saw shares slide 18.19% in these nine days and 12.23% year-to-date, which was largely triggered by concerns over massive capital expenditure (CapEx) targets for AI infrastructure. However, Nicholson suggests this is a psychological phenomenon rather than a structural failure.“Nothing has fundamentally changed,” Nichol ...