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Trump tweets that Amazon causes job losses; Amazon initiated at SunTrust – Amazon.com, Inc. (NASDAQ:AMZN)

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President Trump tweets about Amazon (NASDAQ:AMZN) this morning: “Amazon is doing great damage to tax paying retailers. Towns, cities and states throughout the U.S. are being hurt – many jobs being lost!”

In June, Trump tweeted that Amazon was “not paying internet taxes.”  

Meanwhile, SunTrust Robinson Humphrey initiates coverage on Facebook (NASDAQ:FB), Amazon, and Alphabet (GOOG, GOOGL) at Buy ratings due to long-term optimism for the internet and digital media. 

Amazon shares are down 0.33% premarket. 

Facebook shares are up 0.26%

Google shares are up 0.34%

Previously: President Trump says Amazon “not paying internet taxes” (June 28)



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