Amazon stock is up 2.6% due to last-minute bid for TikTok review by President Trump.

From Nasdaq: 2025-04-02 13:59:00

Amazon’s stock (NASDAQ: AMZN) is up 2.6%, driven by reports of a last-minute bid to acquire TikTok. President Trump is expected to review the offer, potentially impacting the app’s future. Amazon’s strong position and low P/E ratio make it an attractive investment regardless of the outcome.

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John Mackey of Whole Foods Market, an Amazon subsidiary, serves on The Motley Fool’s board. The Motley Fool recommends and holds positions in Amazon, emphasizing the importance of sound investment decisions. The author’s views may not align with Nasdaq, Inc.’s opinions.



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