Amazon (AMZN) Lower Again as Trump Escalates Attacks
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DA Davidson Reiterates Buy on Amazon (AMZN) Following Trump Tweet
April 3, 2018 8:35 AM EDTDA Davidson reiterated a Buy rating and $1800.00 price target on Amazon.com (NASDAQ: AMZN) following President Trumps tweet suggesting that Amazon pays less than it should for state and local taxes.
A combination of a choppy market and saber rattling from... More
Wall Street tumbles on tech sector, trade war worries
April 2, 2018 7:36 AM EDTBy Stephen Culp
NEW YORK (Reuters) - Wall Street shares plunged on Monday as investors fled technology stocks amid resurgent trade war worries, with key indexes trading below their 200-day moving averages and the S&P 500 closing below that pivotal technical level for the first time since Britain's vote to leave the European Union in June 2016.
The first trading day of the second quarter began with a broad selloff concentrated in the technology and consumer discretionary sectors, as losses by Amazon.com (NASDAQ: AMZN), Tesla (NASDAQ: TSLA)... More
Rare Japanese unicorn Mercari targets rapid U.S. expansion
April 2, 2018 7:14 AM EDTTOKYO (Reuters) - Japanese flea market app operator Mercari Inc targets rapid expansion in the United States, its founder and chief executive told Reuters on Monday, after a recent funding round boosted its value beyond $2 billion.
Mercari offers an online marketplace for individuals to trade used items primarily through a smartphone app in Japan, Britain as well as the United States, where its business is led by former Facebook Inc (NASDAQ: FB) executive John Lagerling.
Founded in 2013, Mercari is a rare example of a Japanese unicorn - a startup with a valuation in excess... More
Trump attacks Amazon, again, over U.S. postal rates
March 31, 2018 1:12 PM EDT(Reuters) - U.S. President Donald Trump launched his second attack in a week on Amazon.com Inc on Saturday, accusing the world's biggest online retailer of getting unfairly cheap rates from the U.S. Postal Service and not paying enough tax.
Trump's comments on Twitter reiterated criticisms he made on Thursday about the company. He may have been prompted by a report from news website Axios saying he was obsessed with Amazon and considering ways to rein in the... More
