Amazon.com, Inc. (NASDAQ:AMZN) is one of the Top 10 Stocks to Buy According to Lakehouse Capital. Morningstar opines that, over the long term, it anticipates e-commerce to continue to take share from brick-and-mortar retailers. Furthermore, the firm believes Amazon.com, Inc. (NASDAQ:AMZN) to gain share online. As per the firm, Amazon.com, Inc. (NASDAQ:AMZN)’s retail business enjoys a wide moat,
Amazon’s tariff transparency plans President Trump has said tariffs will likely impact shoppers, saying in a Cabinet meeting that tariffs could lead to fewer, but more expensive gifts this upcoming holiday season. Fox – 5 DC Amazon AMZN.O on Thursday tried to temper investor concerns about the impact of the Trump administration’s tariffs on its e-commerce business,
Spencer Soper | Bloomberg Amazon.com Inc. has canceled orders for multiple products made in China and other Asian countries, according to a document reviewed by Bloomberg and people familiar with the matter, suggesting the company is reducing its exposure to tariffs imposed by President Donald Trump. The orders for beach chairs, scooters, air conditioners and
U.S. stocks opened lower after global markets plunged overnight over worry about the health of the U.S. economy. The S&P 500 Index was down 8.6% Monday morning before gaining much of it back and the NASDAQ Futures Index fell 6% after global markets plunged over worries about a possible recession in the world’s biggest economy.