Options data shows increased call activity, possibly signaling bullish plays ahead of mid-quarter sales reports. What's happening currently is an "industrial bubble" akin to the biotech bubble in the 1990s where companies went out of business and investors lost money, but "we did get a couple of lifesaving drugs," Bezos said. He also pointed to the dot-com bubble a quarter century ago as a frothy investment period that's benefiting the world today. Levi Strauss CFO Harmit Singh told a Goldman Sachs conference this week that the denim market is a $100 billion global opportunity. The company has a long-term target of reaching $10 billion in annual sales. In its most recent quarter, sales totaled $1.45 billion. The latest American Eagle stock price action shows resilience despite broader retail index weakness, ending the day near $23.