The Story
News Summary
- Alibaba launched a surprise $10.2 billion share offering days after touting a $46.5 billion net cash position.
- The massive dilution and surging AI capital expenditures triggered Michael Burry to completely liquidate his position, citing declining returns on invested capital despite rapid cloud revenue growth.
Explore AMZN price history & advisor snapshot
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Stored market data
AMZN price history
254.62
+10.86% over the displayed period
Advisor Snapshot
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