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…

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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: TwitterAnd with Amazon’s latest stumble, that means another thing: Microsoft’s amazing year continues. Last month, it unexpectedly became the world’s most valuable company,…

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