Activist investor Daniel Loeb sees roughly $1 trillion in untapped value on Amazon

Activist investor Daniel Loeb, whose Third Point LLC counts Inc. as one of its biggest holdings, told investors on Wednesday he sees about $1 trillion in untapped value in the trading giant. electronic.

Mr. Loeb said in a private call with hedge fund investors that the market did not recognize the full value of Amazon’s two disparate businesses, its core e-commerce business and its Amazon Web Services cloud unit, according to sources. people familiar with the matter. The call reviewed Third Point’s performance in 2021 and its outlook for the markets and a number of stocks were discussed.


Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.


Evil pop culture advocate. Alcoholaholic. Unapologetic web ninja. Coffee maven
Back to top button