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Amazon's potential battle with the FTC could weigh on the stock near-term, says Goldman Sachs' top tech analyst...

Wall Street Journal iPhone 15 May Face Hurdle In China As Government Officials Receive Foreign Device Ban The Chinese government has banned its officials from using Apple Inc.'s (NASDAQ: AAPL) iPhones and other foreign-branded devices at work, dealing a blow to the company just days ahead of its 'Wonderlust' iPhone 15 launch event. Chinese government officials have been banned from using iPhones and other foreign-made devices at work. While China's iPhone ban applies only to government officials...

While Lyft and Uber are considered by many to be natural rivals in the ride-share space, Lyft CEO David Risher cites certain post-COVID cultural trends to be detrimental to the overall ride-share and experience industries. Risher sits down with Yahoo Finance Executive Editor Brian Sozzi at the Goldman Sachs Communacopia & Technology Conference to discuss Lyft's refocusing on its customers and costs. "Our strategy is to really... make price shopping kind of a waste of time, if i can say it that way," Risher says. "I want to focus on our customers, and sometimes what I say is, I don't think our big competition is Uber. I think our competition is staying at home, watching Netflix and eating pizza. I mean, as much fun as that is, I guarantee it's more fun to go out with a friend." Risher also comments on Lyft's competitive cost-saving features on its app, the tough decision to lay off staff, and his time as one of the first Amazon (AMZN) employees working under Jeff Bezos. Click here for more of Yahoo Finance's coverage from the Goldman Sachs Communacopia tech conference...

The Federal Trade Commission is reportedly gearing up to file a lawsuit against internet titan Amazon in late September...

Eric Sheridan, Goldman Sachs Americas Equity Research Managing Director, sits down with Yahoo Finance Executive Editor Brian Sozzi at the Goldman Sachs Communacopia & Technology Conference to discuss the state of mega-cap stocks and how investors are evaluating tech stocks amid an elevated interest rate environment. "If we end up with higher rates than that, we'll have to go through another valuation reset probably for the broader group," Sheridan explains. "But our house view... would be the recession probability is coming down and the Fed is unlikely to raise rates anytime soon in the next couple of meetings." Sheridan goes into greater detail on the potential of Amazon (AMZN) being broken up by an FTC antitrust lawsuit, Meta Platforms' (META) outlook, and Uber's (UBER) growth. Click here for more of Yahoo Finance's coverage from the Goldman Sachs Communacopia tech conference...

Amazon's (NASDAQ: AMZN) stock has been on fire lately. Year to date, it has surged by 61% to $138 as investors gain more confidence in Amazon's prospects, thanks to its better-than-expected performance. The reopening of global economies post-COVID-19 lockdowns and a generally weak economy negatively impacted the prospects of e-commerce players, including Amazon...

Amazon (AMZN) could be hit by an FTC antitrust lawsuit later this month, according to The Wall Street Journal. D.A. Davidson Managing Director and Senior Research Analyst Tom Forte joins Yahoo Finance Live to discuss the potential lawsuit, what this means for the future of Amazon as a company, and the outlook for investors. Forte is more optimistic about Amazon's cloud computing business than e-commerce moving forward. The analyst said, "I think the most valuable part is the cloud computing business ... it has very attractive margins, and it still has a relatively elevated growth rate."...

With shares up by a whopping 92% year to date, Global-e Online (NASDAQ: GLBE) has richly rewarded investors in 2023. E-commerce is still a growth opportunity. In the years following the COVID-19 pandemic, e-commerce has lost some hype to other opportunities like artificial intelligence, which likely now attracts more attention and investment capital...

SEATTLE, September 06, 2023--Amazon.com, Inc. (NASDAQ: AMZN) and its Counterfeit Crimes Unit (CCU) today announced the filing of two new lawsuits against Kamryn Russell, Ashley Hawat, and their co-conspirators who knowingly attempted to evade Amazon’s brand protection systems in an effort to promote, advertise, and facilitate the sale of counterfeit luxury fashion goods such as jewelry, handbags, and accessories...