Amazon Stock Just Hit a Major Hurdle Ahead of Earnings The news that Senate investigators are examining allegations of Chinese influence over Amazon's third party marketplace has sent shockwaves through Wall Street, pushing AMZN shares down 4% in a single session.
This is more than just a short term market reaction; it highlights the complex web of relationships between American tech giants and their Chinese operations.
At the heart of this story lies the role of third party sellers on Amazon's platform. Nearly 60% of products sold on the site come from these vendors, many of whom are based in China.