Let’s Get Big: #amazon vs #trump in a Battle of the Titans
▻https://hackernoon.com/lets-get-big-amazon-vs-trump-in-a-battle-of-the-titans-206702417e7a?sour
Donald Trump’s dislike of Amazon is well-known, if not exactly reality-based. They abuse the USPS, they pay no state sales taxes, they are shuttering shopping malls built by some of his developer friends. In the real world, package delivery (unlike first-class mail delivery) is the one brightish spot on the Postal Service’s dismal balance sheet, Amazon now pays sales tax in every state that levies it, and the company boasts a growing portfolio of physical stores (Whole Foods, Amazon bookstores, and the just-debuted Amazon Go.)But Trump just fired another tweet missile across Amazon’s bow. The stock dropped precipitously, losing more than 200 points from its 2018 high. Half the analysts didn’t know what to say. The other half touted it as an incredible buying opportunity. And it would be an (...)
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