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Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664888392?lang=en_us&edition=fundamental","pubTime":"2026-09-01 03:41","pubTimestamp":1788205280,"startTime":"0","endTime":"0","summary":"Amazon  is teaming up with Microsoft  on a multicloud networking offering that will allow customers to connect Amazon Web Services and Azure, Microsoft said Monday in a blog post.The AWS Interconnect multicloud and Azure Multicloud Interconnect will enable users to establish a private, high-performance connection between the two clouds via a streamlined, cloud-native experience.Azure Multicloud Interconnect is aimed at supporting AI training and inference workloads by providing a high-capacity private connection between the clouds, the tech giant added.Shares of Amazon and Microsoft were down nearly 3% and 1%, respectively, in afternoon trading.Price: 259.17, Change: -7.26, Percent Change: 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sues Amazon for allegedly overcharging advertisers on its platform","url":"https://stock-news.laohu8.com/highlight/detail?id=2664883818","media":"CNN Business","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664883818?lang=en_us&edition=fundamental","pubTime":"2026-09-01 03:39","pubTimestamp":1788205189,"startTime":"0","endTime":"0","summary":"The Federal Trade Commission and 22 states on Monday accused retail giant Amazon of deceiving businesses by overcharging prices to advertise on its massive retail platform, pocketing billions for the company.The lawsuit claimed 1.2 million advertisers paid more than they realized because Amazon raised the minimum price to place ads without them knowing.It’s the third major lawsuit that the federal agency has filed against Amazon, which became the third-biggest ad platform in the United States in 2018.Amazon sets its advertising prices using an auction system, in which companies bid on different types 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In practice, the winning advertiser is only supposed to pay a cent more than the second-place bid. But the lawsuit claims that “in 2018, Amazon began secretly manipulating its auction results to increase its ad prices.”In actions such as an alleged hidden surcharge, Amazon “likely illegally extracted over 20 billion dollars” from 1.2 million customers, almost 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traders moderately bearish in Amazon with shares down 2.92%","url":"https://stock-news.laohu8.com/highlight/detail?id=2664300077","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664300077?lang=en_us&edition=fundamental","pubTime":"2026-09-01 03:10","pubTimestamp":1788203410,"startTime":"0","endTime":"0","summary":"Option traders moderately bearish in Amazon (AMZN), with shares down $7.79 near $258.64. Options volume roughly in line with average with 959k 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Sues Amazon Over Ad Bid Manipulation, Shares Drop Over 3%","url":"https://stock-news.laohu8.com/highlight/detail?id=2664979000","media":"TradingKey","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664979000?lang=en_us&edition=fundamental","pubTime":"2026-09-01 02:40","pubTimestamp":1788201627,"startTime":"0","endTime":"0","summary":"On August 31, Eastern Time, Amazon (AMZN) shares fell over 3%, dropping below the $260 level. 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