Co-movers

daily closes · 499dMethod

Moved together

WwithAMZN

×0.17co-movement · AMZN on W · 499d

r 0.38scale to r 0.75

Shared co-movers2with Wwith AMZN

GOOGLAlphabet Inc.r 0.31r 0.57

MSFTMicrosoft Corpr 0.28r 0.51

W, solidAMZN, hatched× = co-movement · βr = correlationBar = r to r 0.75Order: weaker of A and BSource: daily closes

WWayfair Inc.

114.98· pre 116.00

Mkt cap$15.9BRevenue$3.5BQ2 FY26Revenue$12.5BFY25

AMZNAmazon.com Inc

240.25· pre 242.58

Pre-marketSep 2 '83

Mkt cap$2.6TRevenue$202BQ3 FY26Revenue$717BFY25

vs

Compare

Pre-marketSep 2 '83

WWayfair Inc.

vs

AMZNAmazon.com Inc

114.98pre 116.00

Price

240.25pre 242.58

$15.9B

Mkt cap

$2.6T

Q2 FY26$3.5B

Revenue

$202BQ3 FY26

FY25$12.5B

Revenue

$717BFY25

W compared with AMZN: revenue, margins and what each company keeps, and the suppliers and customers both name