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Daniel Loeb Sees $1 Trillion in Untapped Value in Amazon

MarketWatch

Activist investor Daniel Loeb, whose Third Point LLC counts Amazon.com Inc. as one of its biggest holdings, told investors on Wednesday that he sees roughly $1 trillion in untapped value at the e-commerce giant. Loeb said on a private call with the hedge fund’s investors that the market is failing to recognize the full value of Amazon’s AMZN, +1.02% two disparate businesses, its core e-commerce operation and its Amazon Web Services cloud unit, according to people familiar with the matter...

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