Amazon

Ticker AMZN

Today's data summary

Market closed
% change
-1.51%
Price US dollars
1915.01
Change
-29.29
As of 07:59 23 Sep 2018
Market cap. US dollars
934,029.26 million
As of 07:59 23 Sep 2018

Latest updates

Is a voice-controlled microwave one step too far?

Amazon has unveiled a microwave that can be controlled using its Alexa voice assistant.

Our North America technology reporter Dave Lee found out why - and saw what else the company unveiled at its yearly Alexa event at the company's Seattle headquarters.

Why did Amazon make an Alexa-controlled microwave?
Why did Amazon make an Alexa-controlled microwave?
Amazon has unveiled a microwave that can be controlled using its Alexa voice assistant.
Netflix/YouTube

David Sillito

Media correspondent

British TV will be under threat if UK media rules don't change, according to BBC chief Tony Hall.

Read more

Netflix is the FAANGs' biggest faller

Netflix
Getty Images

The Nasdaq is down 0.94% lower at 7,935.15.

Of the FAANGs, Netflix is the biggest faller down 2.56%, followed by Amazon off 2.1%.

Apple's shares are 1.9% lower but reports are emerging that its watches will be spared from the latest round of US tariffs on $200bn worth of Chinese goods.

Facebook is off 0.75% and shares in Google's parent company Alphabet dipped 0.55%.

FAANG stocks slide

Nasdaq
Reuters

The Nasdaq has clawed back some ground but is still trading 0.80% lower at 7,945.29.

The so-called FAANGs - Facebook, Apple, Amazon, Netflix and Alphabet’s Google - are all trading lower on reports that US President Donald Trump is close to announce tariffs on an additional $200bn of Chinese goods.

Facebook's stock is down 1%, Apple is off 1.5%, Amazon is 1.9% lower, Netflix has dropped 2.6% and Alphabet has dipped 0.76%.

Amazon and Apple shares drop on tariffs threat

Amazon logo
Getty Images

Speculation that US President Donald Trump will impose tariffs on an additional $200bn worth of Chinese goods is weighing on company stocks, in particular Apple and Amazon.

Apple's share price is down 1.5% while Amazon's stock is down 2.6%.

A list of the products that could face new tariffs - and which you can read here - include electronic parts and consumer goods like handbags.

The wider Nasdaq is down 1.09% at 7,922.38.

Amazon investigates bribery claims

Amazon box
Getty Images

Amazon says it is conducting a wide-ranging investigation into claims that its employees accepted bribes in exchange for leaking confidential sales data. According to a report in the Wall Street Journal, staff also allowed independent sellers to delete negative reviews or restore banned accounts, in return for payments of up to two-thousand dollars. The newspaper alleged that the practice was particularly widespread in China. A spokesman for Amazon said it had zero tolerance for such abuses.