FederalTradeCommission News & Analysis
2 articles
Market Mood
FTC Sues Amazon Over Alleged $20 Billion Advertising Overcharges
The Federal Trade Commission (FTC) filed a lawsuit against Amazon (AMZN) claiming the company overcharged advertisers by more than $20 billion through hidden surcharges. This lawsuit joins 22 state attorneys general and is based on changes to Amazon's auction rules from 2019. Amazon refuted the allegations, stating it saved advertisers $8 billion from 2021 to 2025. The outcome of this case could impact advertisers' trust and Amazon's significant advertising revenue, which exceeded $68 billion last year.
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Hims & Hers (HIMS) Reports 3% Stock Decline After Q2 Loss
Hims & Hers Health (HIMS) stock declined 3% before trimming losses on August 11, 2026. The company reported a loss of $0.37 per share in Q2, down from a profit of $0.17 per share in the same period last year, with gross margins decreasing to 64% from 76%. This performance was affected by a one-time cost of $81 million, associated with the acquisition of Eucalyptus and restructuring due to changes in their weight-loss strategy. These financial results highlight the ongoing regulatory challenges and shifts in strategy, which are significant for investors tracking the company's performance.
Read More: Hims & Hers (HIMS) Reports 3% Stock Decline After Q2 Loss