big tech companies

In the fast-paced world of technology and e-commerce, the looming battle between the Federal Trade Commission (FTC) and tech behemoth Amazon has captured the spotlight. The stage is set for a high-stakes legal showdown as the FTC prepares to take Amazon to court later this month, igniting a fiery debate about the power and influence wielded by big tech companies.

The FTC's Antitrust Suit

The FTC's antitrust suit against Amazon is scheduled to unfold in the coming weeks. This legal dispute comes on the heels of a failed attempt to resolve the impasse through negotiations, setting the stage for what promises to be a pivotal moment in the ongoing scrutiny of big tech.

Allegations of Anti-Competitive Behavior

At the heart of the lawsuit are allegations of anti-competitive behavior and unfair business practices by Amazon. The FTC contends that Amazon's dominant position in the e-commerce landscape has allowed it to engage in practices that stifle competition and harm consumers.

The Ama

Swissquote MarketTalk: A Look At XAUUSD, Swiss Secrets, Tesla And More

A Lot To Watch In The US, What About Big Tech Companies?

Swissquote Bank Swissquote Bank 31.01.2022 11:11
US stocks recorded a last-minute rally on Friday, but gains remain on jeopardy as the hawkish Fed expectations and the Russia-Ukraine tensions are weighing on the risk appetite. The geopolitical tensions, in fact, push energy prices higher, further boosting the inflation fears and the Fed hawks. The consensus now is that the Fed would raise the interest rates five times this year. In this environment, US dollar is certainly a good place to park, while gold is doing surprisingly poorly despite having most factors that would normally support a better pricing on its side. In the stock markets, value stock investors are finally being praised for their patience. At today’s episode, I have an interesting comparison of Warren Buffet and Cathi Wood’s performances over the past two years! Watch the full episode to find out more! 0:00 Intro 0:24 Market update 1:34 Energy prices jump on Russia-Ukraine tensions 3:10 USD consolidates gains, XAU performs surprisingly bad 3:55 Warren Buffett vs Cathie Wood 5:43 Big Tech gains at jeopardy as Fed hawks gain field 8:45 This week's economic calendar: ECB, BoE, RBA & OPEC 9:25 This week's corporate calendar: Google, Facebook & Amazon Ipek Ozkardeskaya has begun her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked at HSBC Private Bank in Geneva in relation to high and ultra-high net worth clients. In 2012, she started as FX Strategist at Swissquote Bank. She worked as a Senior Market Analyst in London Capital Group in London and in Shanghai. She returned to Swissquote Bank as Senior Analyst in 2020.
Nikkei, Taiex And Kospi Are Falling. Situation Of Markets In Asia Pacific

Tech Stocks Plunging!? Trade Desk Earnings Announcement Pushes Tech Giant Stock Down, Russian Ruble Strengthening and Ford Motor Co.

Rebecca Duthie Rebecca Duthie 10.05.2022 17:23
Summary: Trade Desk losing value as investors await earnings announcement. Russian Ruble price increase. Ford Motor Co latest big buyer. Read next: (BTC) Bitcoin’s Price Tanks Along With Equities. U.S. Stock Market Awaits CPI Report, Poor Performance From The FTSE 100.  Investors selling Trade Desk Trade desk is the largest pure-play ad tech company, their stock price has been falling throughout the trading day on Tuesday. Trade Desk is due to make their earnings announcement after market closing today, most other tech giants delivered poor earnings results for the first quarter of 2022. Therefore, investor sentiment in this industry is bearish and it is unsurprising that investors are going short on Trade Desk stock inlight of the expected announcement. Trade Desk Price Chart The Russian Ruble Strengthens Although the Russian Ruble has strengthened, it does not mean that Russia is experiencing economic growth, instead it may be an indication that Russia is experiencing an import crisis. Since Russia invaded Ukraine, Russian imports have fallen drastically as many countries and companies who previously imported from Russia have cut their ties to avoid backlash from the west. However, although the sanctions on Russia have been imposed, they are still exporting to many countries. This is causing the Russian current account to be in Surplus, putting upward pressure on the Ruble. As the Western countries impose more sanctions on Russia and possibly speed up the oil Embargo, the Rubles value will struggle. Ford Motor Co. Share Price increased Ford stock price increased by 1.5% during in pre-market trading day on Tuesday after United Rentals (automaker and equipment rental company) announced plans to purchase electric vehicles from Ford going forward. This will drive up the demand for Ford cars going forward. Sources: finance.yahoo.com, poundsterlinglive.com, fool.com
FTC vs. Amazon: Antitrust Battle Looms

FTC vs. Amazon: Antitrust Battle Looms

FXMAG Education FXMAG Education 06.09.2023 13:25
In the fast-paced world of technology and e-commerce, the looming battle between the Federal Trade Commission (FTC) and tech behemoth Amazon has captured the spotlight. The stage is set for a high-stakes legal showdown as the FTC prepares to take Amazon to court later this month, igniting a fiery debate about the power and influence wielded by big tech companies. The FTC's Antitrust Suit The FTC's antitrust suit against Amazon is scheduled to unfold in the coming weeks. This legal dispute comes on the heels of a failed attempt to resolve the impasse through negotiations, setting the stage for what promises to be a pivotal moment in the ongoing scrutiny of big tech. Allegations of Anti-Competitive Behavior At the heart of the lawsuit are allegations of anti-competitive behavior and unfair business practices by Amazon. The FTC contends that Amazon's dominant position in the e-commerce landscape has allowed it to engage in practices that stifle competition and harm consumers. The Amazon Marketplace Amazon's sprawling online marketplace, known as the Amazon Marketplace, has faced accusations of favoring its own products and services over those of third-party sellers. Critics argue that this preferential treatment gives Amazon an unfair advantage and limits consumer choice. The Broader Implications The outcome of this legal battle could have far-reaching implications, not only for Amazon but for the entire tech industry. The case has the potential to reshape the future regulatory landscape for big tech companies, paving the way for more stringent oversight and antitrust actions. A Watershed Moment This antitrust battle between the FTC and Amazon is a watershed moment that underscores the growing concerns about the immense power and influence wielded by tech giants. As governments and regulatory bodies worldwide grapple with how to rein in these corporate titans, the legal battle between Amazon and the FTC takes center stage. The tech industry and the world at large will be closely watching as the FTC's antitrust lawsuit against Amazon unfolds. The outcome of this legal showdown could set important precedents for the regulation of big tech, shaping the future landscape of e-commerce and digital innovation.

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