Amazon, Uber, and Other Internet Stocks Look Too Cheap After AI and Iran Worries
Core Viewpoint - Evercore believes that internet stocks, including Amazon.com, Meta Platforms, and Uber Technologies, have experienced excessive declines due to investor concerns over AI disruption and geopolitical risks [1] Company Analysis - Amazon.com has been identified as one of the internet stocks that has fallen significantly, reflecting broader market fears [1] - Meta Platforms is also highlighted as a stock that has seen a considerable drop, indicating potential undervaluation amidst current market conditions [1] - Uber Technologies is mentioned alongside other major internet companies, suggesting that it too has been affected by the prevailing investor sentiment regarding AI and geopolitical uncertainties [1]