AMZN TikTok Bid: Can it Generate Buzz for Pricing Power?
Schwab Network · Schwab Network
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Show Notes
Caroline Woods turns to the new developments on Amazon's (AMZN) TikTok bid. She notes the Mag 7 company's offer to buy the social media giant as the latest in a string of bids for partial U.S. ownership. However, Caroline says the bid will face challenges from the Trump administration. Despite the stock selling off due to tariff concerns, Joe Tigay remains bullish on Amazon's long-term prospects. He offers an example options trade for the company.
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