Amazon Share Prices Crashes 😳

So Amazon share price has plummeted by 14% in one day. Maybe the world is changing. Maybe in many regards, big tech, big massive Amazon, Apple, Netflix, these companies that are huge, maybe this is the end of an era. Uh, and I think there could be some big upsides to this. Now, I love entrepreneurial stories, and Jeff Bezos and Steve Jobs, I believe, have done amazing things for the world. But there are huge downsides of big tech. Going to explore those in this short video. So let me know, um, what you think of the Amazon stock price crash in the comments. It actually went down 14% in one day, uh, and that is its worst day since 2005. It's Amazon's worst day in 18 years. Now Amazon profited hugely from the lockdown and from COVID so much so that people started to create conspiracy theories about why. Um, but now, now we're out of lockdown, um, and things are maybe moving back to normal. Many of these big tech platforms have started to struggle. Netflix recorded its first loss in many years. Apple apparently is predicting its first loss in many years. Now, so many people on my social channels have— I wouldn't say been campaigning, but certainly they don't like the control that big tech have. They don't like the fact that Amazon can price out all the boutiques and the local shops and the small business owners. They don't like this. So could we be going back to boutique Is this something that as a humanity we want and need? Has the big tech era started to end? Elon Musk has privatized Twitter and he's looking to make it a free speech platform. I personally think that is such good news for social media, and I think it's about time that big tech and big social media and these massive tech companies. I'm not saying they should be gone. I'm not saying this is the death of them or this should be the end, but I just think they need more accountability, more competition, more free market. Let me know what you think, by the way. And if you agree, or at least you think this is a discussion point, please hit the share button because I believe this to be big news. The world is changing so much more. We are in Darwinian times, the survival of the fittest. There are opportunities right now with everything that's going on in the world to make positive change and impact. Now, often what Amazon does is it undercuts and prices out all the resellers on Amazon, so Amazon ends up with the monopoly. And, you know, I, I know many people in my community have learned e-commerce and then started to sell well and do well, and then Amazon have priced them out and undercut them. And that's difficult for a start-and-scale-up business owner. So here's the quick news. Um, on Friday, Amazon shares dropped 14%. So it reported its first online loss since 2015, and it had its worst, um, stock market day since 2005. Etsy, who are online shopping, their shares fell more than 8%, which is of course huge. Um, Amazon also recorded a $7.6 billion loss in an investment in an electric vehicle maker called Rivian. Which lost more than half of its value in one quarter. So is this the start of the decline of big tech? Netflix have recorded losses, um, financial and, um, subscriber base. Apple is predicting losses. Is the world changing now that we're opening up after lockdown? Can we go back to boutique? Can we go back to local? Can we go back to small business? I do think this is needed because I do think there's too much of a monopoly in big tech and social media. I don't think that they should be gone. I think they have a place and value, but I think there needs to be more free market, more competition, and maybe more regulation and control. Let me know what you think in the comments. Um, now we've got economic uncertainty, war, inflation at a multi-decade high, soaring costs of living, supply chains drying up, and of course we've had COVID and the pandemics. I mean, they say bad luck comes in threes. But this is 1, 2, 3, 4, 5. How much more of this can we all take? Now, I know right now in the world there's a lot of economic uncertainty. The, the cost of living is crazy. I reckon the cost of living must be up 20 or 25% on pre-COVID and pandemic. And I want to do my best to help, which is why I do all this content. So if you just write toolkit in the, um, comments, I'm going to give you a financial toolkit. Um, I've got 35 ways to save up to £15,000 a year. I've got how to start a business and create recurring income. I've put together a valuable specific toolkit that you can immediately download. So if you just put the word toolkit in the comments now, you need to give me a few days because I just got to put it all together online and instantly downloadable and free for you as a follower of mine. So just write toolkit. Wayne's just done that. In the comments, and probably in 3 or 4 days I will share the direct link for you where you can access the 35 ways to save many thousands a year to combat the cost of living price hike, and also some ways to start and scale your business, create multiple streams of recurring income, build digital assets, and basically not just survive but thrive in these Darwinian times. So that's going to be a gift from me. Just write toolkit. I can see loads of you doing it, and I'll reply to you all personally um, you know, in a few days' time and give you the direct link. I just gotta— I've got all the assets, just got to put them all on a page and give you the instant download. Okay, so please also share this because I want to help as many people. I mean, my ultimate vision for my life is to help as many people on this planet get better financial knowledge, to help people start and scale their businesses. Uh, and I'm on a mission. I have been for 15 years to do that, but right now I'm doubling down. I'm going to do more money-related content. I'm going to do more about saving, investing, and also increasing your revenue streams, your digital assets, because of these difficult times that we're in. So, um, write 'toolkit' in the comments and I will get that to you in a few days' time. Quick summary, and also please share this so we can help everyone, because let's be honest, no one is better financially in terms of their cost of living. Everyone's cost of living has gone through the roof, um, and many people don't know how to handle that or deal with it or what to do. And I've got at least 40, 45 different things you can do in your daily routines to save more and make more. So Amazon has lost its biggest— it's had its biggest stock market crash or loss in one day since 2005, of 14%. It reported a quarterly loss first time since 2015. It's had a $7 billion loss on its investment in Rivian, the electric car maker? Is this the start of the end of big tech? Netflix reported losses, Apple are predicting losses. Is the world changing? Are we going back to boutique? And if not fully back to boutique, at least let's have a balance of big tech and boutique. Let me know what you think in the comments. Please hit the share button, uh, put toolkit in the comments. I can see loads of you have, and I will get all these assets and resources to you as quickly as I can. Thanks for tuning in, and remember, if you don't risk anything, you risk everything.