TRUMP TO CONSIDER FINAL PROPOSAL FOR TIKTOK AS DEADLINE LOOMS FOX Business reached out to Amazon and the company declined to comment on the report that it is interested in buying TikTok. Other potential suitors for TikTok have included a group called Project Liberty, led by billionaire Frank McCourt and Kevin O'Leary. TikTok has resisted the push to sell, in part because of opposition from the Chinese government, which has the authority to block the sale of China-based firms. Amazon has made a bid to acquir ...

Core Insights - Amazon has made a surprise bid to acquire TikTok from its Chinese parent company, ByteDance, ahead of a deadline set by the U.S. government [1][3] - Key parties involved in the negotiations reportedly do not take Amazon's bid seriously, and the dollar value of the proposal has not been disclosed [2] - The bid coincides with ongoing discussions in the U.S. government regarding TikTok's ownership and national security concerns [4][6] Amazon's Bid - Amazon submitted an offer letter addressed to Vice President JD Vance and Commerce Secretary Howard Lutnick [1] - The company has not publicly commented on the bid, and representatives from the White House and TikTok have not responded to inquiries [3] National Security Context - TikTok is viewed as a national security threat by Congress and federal authorities until Chinese involvement is eliminated [6] - The app has over 170 million users in the U.S., highlighting its significant market presence [6] Other Stakeholders - Existing U.S. investors in ByteDance, including Susquehanna, KKR, General Atlantic, and Coatue, are seeking to acquire larger stakes in TikTok [6] - New investors like Andreessen Horowitz and Blackstone Group have been approached to assist in the deal [9] Financial Aspects - A sale of TikTok is expected to fetch at least $40 billion [9] - The U.S. government requires total divestment of Chinese control over TikTok, and it remains uncertain if Amazon's bid will meet this requirement [10] Regulatory Considerations - President Trump has until Saturday to finalize a deal, with the possibility of extending the deadline if necessary [5] - Approval from the Chinese government is also required, which has shown a willingness to negotiate after initially opposing a forced sale [10]

Group 1 - Amazon has submitted a bid to acquire all of TikTok, coinciding with a deadline for TikTok to divest its Chinese ownership by April 5 to avoid a ban in the U.S. [1] - The seriousness of Amazon's bid is questioned, as the involved parties do not appear to take it seriously according to reports [1] - President Trump is set to meet with officials to discuss TikTok's future, indicating that a deal with ByteDance is expected to be finalized before the April 5 deadline [2] Group 2 - Andreessen Horowitz is reportedly in talks to invest in TikTok as part of an Oracle-led bid that includes other American investors [2] - Blackstone is considering joining ByteDance's current non-Chinese shareholders to provide fresh capital for a bid for TikTok's U.S. operations [3]

It’s no secret that the naysayers have picked the technology sector as their latest target for criticism, this time going as far as to say there is a bubble in the entire artificial intelligence and cloud space. If everyone can see a bubble, it’s not a bubble; that’s what Wall Streeters can add to the table for these accusations. But, for those who don’t trust Wall Street’s opinion, here are other angles to consider. Three of America’s largest investors have bought into a certain group of stocks inside the ...

The so-called "Magnificent Seven" stocks have helped power the market higher for the past few years. However, just like other stocks, these names have pulled back in recent weeks over macroeconomic concerns affecting earnings, some angst about the potential for diminishing returns related to artificial intelligence (AI), and uncertainty over tariff actions by the Trump administration. But pullbacks tend to be short-term setbacks for great companies that eventually find ways to recover. Let's look at the bes ...

In the short term, this move reflects a broader cooling of market sentiment. Uncertainty around Donald Trump's proposed tariff plans has weighed heavily on investor confidence, triggering a shift away from equities and high-growth names in particular. Even last week's rally, which briefly suggested that the low might be in, has begun unwinding. However, as the dust settles, technical traders and long-term investors are watching closely to see if $190 holds firm for Amazon. Get Amazon.com alerts: Amazon.com ...

Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or ...

In January, Amazon halted Prime Air deliveries in College Station, Texas, and Tolleson, Arizona, the two U.S. markets where it's testing the service, as the company rolled out a software update to its drone fleet. Amazon discovered an abnormality with the drone's altitude sensor, caused by dust in the air, that could have caused its system to produce an inaccurate reading of its position relative to the ground, the company said. Amazon "never experienced an actual safety issue," but said it opted to suspend ...

In the latest market close, Amazon (AMZN) reached $190.26, with a -1.28% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 0.55%. Elsewhere, the Dow saw an upswing of 1.01%, while the tech-heavy Nasdaq depreciated by 0.14%. Shares of the online retailer have depreciated by 9.21% over the course of the past month, underperforming the Retail-Wholesale sector's loss of 8.04% and the S&P 500's loss of 6.22%. With respect to valuation, Amazon is currently being t ...

The stock is second on the list of the White's best S&P 500 (SPX) stocks to own in the second quarter, going back 10 years. The equity managed nine second-quarter wins during this period, averaging a hefty 12.1% gain. Amazon.com Inc (NASDAQ:AMZN) is headed for a 10.6% monthly drawdown in March, after a 10.7% drop in February. The blue-chip e-commerce giant hasn't logged back-to-back double digit monthly losses since 2011. Now trading at $189.78, at their lowest levels since October, the shares have taken a ...