Amazon FTC antitrust lawsuit: What it means for investors

latest news headlines 3 weeks ago

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 anchors Julie Hyman and Brad Smith 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." Subscribe to Yahoo Finance: About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. To learn more about Yahoo Finance Plus please visit: Connect with Yahoo Finance: Get the latest news: Find Yahoo Finance on Facebook: Follow Yahoo Finance on Twitter: Follow Yahoo Finance on Instagram: Follow Yahoo Finance Premium on Twitter:
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