CFRHF - Amazon has $1 trillion of untapped value Third Point's Dan Loeb argues

Activist investor Dan Loeb of hedge fund Third Point believes that Amazon has a about $1 trillion of untapped value between its e-commerce business and its Amazon Web Services cloud unit. Loeb made the comments on a call to the hedge fund's investors today that discussed the fund's 2021 performance, according to a WSJ report.  AWS  has an enterprise value of more than $1.5 trillion, similar to  company’s current market cap of $1.6 trillion, the WSJ said, citing a slide from the call. Amazon’s retail business may be worth about $1 trillion. Third Point has a stake in Amazon valued at about $784M, according to a 13F filing from earlier this week. Third Point disclosed in its 4Q letter today that it "significantly" increased in its position in Amazon after the company lagged tech peers for most of the year. "It’s not often that you get to buy shares in

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Amazon has $1 trillion of untapped value, Third Point's Dan Loeb argues