“The e-commerce giant’s stock fell after President Donald Trump tweeted on Saturday that Amazon was scamming the U.S. Postal Service, adding the service loses ‘billions of dollars’ delivering packages for the e-commerce giant,” Imbert and Clinch report. “Trump tweeted again about Amazon on Monday, saying: ‘Only fools, or worse, are saying that our money losing Post Office makes money with Amazon. THEY LOSE A FORTUNE, and this will be changed.'”
“Intel dropped nearly 10 percent after Bloomberg reported Apple would use its own chips for Mac computers, ditching Intel,” Imbert and Clinch report. “China announced overnight Monday it had implemented tariffs on… goods [that] had an import value of $3 billion in 2017.”
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MacDailyNews Take: Happy shopping, bulls!