Trump escalates attack on Amazon, focusing on tax, shipping
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/5/2026
- Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares
- Goldman's Garrett sees investors dialing back tech exposure into H2
- AI chip winners may face tougher road ahead as hyperscalers catch up: JPM
- Oil gains on short-covering buys ahead of US holiday
- Rivian stock jumps 5% on raised delivery outlook
Trump Attacks on Amazon (AMZN) Not 'Well-Informed or Detrimental' - Stifel
March 29, 2018 9:14 AM EDTStifel analyst Scott Devitt defended Amazon.com (NASDAQ: AMZN) related to President Trump's attacks this morning on taxes, and the Post Office.
Devitt said Trump is wrong on taxes as Amazon collects sales tax on its owned inventory in all 45 states that have a state sales tax and Washington, D.C. "We believe POTUS is referring to third-party (3P) merchants that... More
