President Trump Just Delivered A Death Blow to Amazon

President Trump just issued landmark anti-counterfeiting regulations. The new customs framework addresses the problem of counterfeit goods. It will put Amazon on the hook for policing counterfeit goods. The Trump administration’s move fundamentally threatens Amazon’s operating cost structure and its long-term growth strategy. Amazon (NASDAQ:AMZN) has an existential challenge ahead. The Trump administration unveiled new …

Jeff Bezos Should Just Shut up About JEDI Contract and Hire Better Lobbyists for Amazon

Amazon wants the decision to award a government cloud computing contract to Microsoft rescinded. The e-commerce behemoth is a leading spender on lobbying, far outstripping its rivals. Jeff Bezos could learn a lot from Tim Cook on how to handle Washington, D.C. After the U.S. military awarded a cloud computing contract to Microsoft two months …

Stadia’s Barely Here & Game Streaming’s Already Racing to Over-Saturation

Amazon is allegedly announcing a new game streaming service in 2020. Google Stadia just launched this week, but the market for game streaming is already starting to look saturated with inferior products. If a service doesn’t fix things, the whole market could completely wither away. Game streaming seems to be all the rage right now. …

Jeff Bezos Dethroned as World’s Richest Person After Amazon Plummets

Amazon stock is getting bludgeoned following a downbeat earnings report. In Thursday after-hours trading, the stock dropped as much as 10%, making for one of its worst earnings losses in years: Source: Twitter And with Amazon’s latest stumble, that means another thing: Microsoft’s amazing year continues. Last month, it unexpectedly became the world’s most valuable …

Amazon’s Secretive Crypto is Facebook Libra’s Biggest Threat: Report – CCN Markets

Facebook’s much-publicized and criticized crypto ‘Libra’ will see competition by one of the world’s biggest tech companies, Amazon, a report has claimed. | Source: Shutterstock; edited by CCN. Since Facebook announced the Libra cryptocurrency, a couple of other similar projects have been unveiled with all of them being dubbed potential ‘Libra-killers’. They include Venus, an …

Amazon Earnings Miss the Mark, Stock Drops $15 in After-Hours Trading

Amazon stock is down about $15, or 1 percent, in after-hours trading after the company missed earnings estimates by 6 percent. The e-commerce giant did manage to beat the revenue estimate by about 1 percent. Results do not include Prime Day. Amazon’s Revenue Now Half of Walmart’s Amazon continues to crush the retail and cloud …