Tag AMZN

Amazon (AMZN) stock fell today after the Federal Trade Commission filed an anti-trust lawsuit accusing the company of monopolizing online marketplace services. Meanwhile, electric vehicle makers Fisker (FSR) and Rivian (RIVN) saw their shares rise. Fisker's stock is up on the company's announcement that it expects to deliver 300 vehicles daily. Rivian shares gained after a Baird analyst called the stock a "fresh pick." Etsy's (ETSY) shares declined after Evercore lowered its price target on the stock from $105 to $85 per share, although Evercore maintained an "Outperform" rating overall. Yahoo Finance's Josh Lipton and Julie Hyman discusses today's trending tickers. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...

U.S. equities plunged and the S&P 500 Index dropped 1.5% on Tuesday, Sept. 26, 2023 after consumer confidence and new home sales figures came in lower than anticipated...

Amazon (AMZN) is facing an antitrust lawsuit from the FTC over allegations of abusing its position in the digital market space to boost prices and promote its products over third-party sellers. Main Street Research CIO James Demmert joins Yahoo Finance to give insight into how investors should be eyeing Amazon shares after these recent developments. Demmert explains that this isn't the first time regulators have gone after a large corporation and that these types of lawsuits can "take months, if not years to resolve themselves." Demmert also notes the buying opportunity this presents for investors "on the weakness of this stock, and the weakness of this market." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...

The Federal Trade Commission sued Amazon, alleging the tech giant uses its market power to inflate prices and overcharge competitors...

(Bloomberg) -- Federal Trade Commission Chair Lina Khan stopped short of explicitly calling for a breakup of Amazon.com Inc., but said that her agency would ask a judge to halt the company’s “illegal conduct” if its antitrust suit succeeds.Most Read from BloombergDimon Warns 7% Fed Rate Still Possible, Times of India SaysRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesStocks Sink as Bears...

These chatbots can't keep their traps shut. Anthropic, a California-based AI company, announced an agreement Monday with Amazon that will see the.....

The Federal Trade Commission is suing Amazing (AMZN) for "illegally maintaining monopoly power," alleging the tech giant wielded that power to "inflate prices, degrade quality, and stifle innovation for consumers and businesses." In a statement, Amazon refutes the charges, saying in part, "the practices the FTC is challenging have helped to spur competition and innovation across the retail industry." Former FTC Commissioner Mozelle Thompson tells Yahoo Finance Live that the FTC is "pushing the boundaries" with the suit. Thompson says the FTC has two goals "change the law as it currently stands" and "to condition the market to think a little differently," adding that the regulatory body may be trying to provide "a little bit of a chilling effect" to let large companies know that "someone will be policing their actions." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...

Lawsuit against online retailer is biggest test yet of regulator Lina Khan’s fight against power of Big Tech...

Fool.com contributor Parkev Tatevosian compares and contrasts Amazon (NASDAQ: AMZN) and Costco (NASDAQ: COST) to determine which is the best stock to buy. *Stock prices used were the afternoon prices of Sept...

Federal Trade Commission (FTC) officials have filed an antitrust lawsuit against online retailer Amazon (AMZN), citing the marketplace's anticompetitive practices of promoting its own products over third-party sellers. Yahoo Finance's Dan Howley and Alexis Keenan break down the claims made by the FTC and 17 states and how this could impact Amazon's status as an "online superstore." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...