Bezos Bombshell

$69 Billion Worth of Bezos Bombshells

Counting the damage from a Bezos bombshell.
Photographer: Drew Angerer
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Stock investors have signaled over and over that they're worried Amazon will steamroll any industry it touches. That's a fair worry for the most part. However, corporate leaders around the world should not be without hope. In some cases, Amazon will take time to get its act together, and that can leave you room to recover. Or even better, you'll find yourself getting bought.

The spread of Amazon.com Inc., or whispers that it's on the move, has helped erase $69 billion of collective stock market value from companies in affected industries during the last year, according to a Bloomberg Gadfly analysis. This loss refers to the change from the previous day's close to the intraday low after an Amazon bombshell dropped, so wasn't necessarily permanent. Groceries, pharmaceutical sales, fashion retail and restaurant food delivery have all taken a hit.