If it is perhaps true, this is very interesting. It's almost like Amazon is begging the Justice Department to break it up. As if going into the pharmacy business wasn't enough, geezuz chrymany, can't ya'll see what's going on here with regards to personal privacy? I mean all that aside, it is what it is, but lets look at the bigger picture here from the standpoint of a market speculator. While the product/service Amazon offers is nowhere's near an apples to apples comparison obviously... one can draw parallels to the Bell system and the power one company yields. I think AMZN knows this. I have written a few times before here.... it's the sum of the parts. It may not happen anytime soon, but it will happen. That's why they haven't done a stock split. For each share someone owns, you'll get x number of shares in AMZN freight, Amazon EV's, Amazon Web Services, Amazon Pharmacy, and a few more. It's coming, you guys can mark this post. It'll make a lot of lawyers a lot of money too btw because it wil make the breakup of the Bell System back in the early '80s look like small-claims court.
The timing of the rumor is what sketches me out the most. Insider spreading a false rumor so he can dump all his shares before Earnings?
No this was not an insider. Wall Street Journal says it was “someone familiar with the matter“ G isn’t that responsible journalism
I can't tell if this is real or just more manipulation bs. An acquisition does make perfect sense but the timing is suspect. Peloton casino opens tomorrow at 4 am for anyone who cares tho...