Amazon sheds $52 billion in market value after report on Trump threat

Amazon sheds $52 billion in market value after report on Trump threat

6 years ago
Anonymous $gIi3-PxxKB

https://finance.yahoo.com/news/amazon-sheds-52-billion-market-155807265.html

"Capitol Hill wants Facebook's blood, but President Trump isn't interested. Instead, the tech behemoth Trump wants to go after is Amazon," the news website reported, citing five sources who have discussed the issue with him.

The report comes at a time when tech stocks are already under pressure after Facebook Inc (FB.O) acknowledged earlier this month that user data had been improperly harvested by a consultancy firm.