Washington sources reported that the only person in the world who isn’t furious at Facebook is none other than US President President Donald Trump. According to sources he reserves his ire for Amazon and the news has Amazon shareholders running scared. Meanwhile according to one of the five sources talked to for their report, Trump can’t stop thinking about the online retailer. The source said “He is obsessed with Amazon,” “Obsessed.”
Meanwhile one claims the POTUS has mused aloud about “going after Amazon with antitrust or competition law.” Moreover another details Trump’s belief that Amazon is getting “a free ride from taxpayers.” As per report Trump is also very aware that Amazon CEO Jeff Bezos owns The Washington Post, which he views “as Bezos’ political weapon.”
GBH Insights analyst Daniel Ives told “With Facebook and regulatory worries, the last thing nervous tech investors wanted to see was news that Trump is targeting Bezos and Amazon over the coming months as this remains a lingering cloud over the stock and heightens the risk profile in the eyes of the Street". Furthermore Trump hasn’t actually done anything that could put Amazon’s future in jeopardy. This movement in the market is simply based on the news that he wants to do something.
