According to The Kobeissi Letter, Amazon stock ($AMZN) experienced a notable decline after the White House formally accused the company of a 'hostile and political act' on April 29, 2025 (source: @KobeissiLetter on Twitter). This announcement triggered increased volatility and selling pressure, with traders closely monitoring potential regulatory responses and market sentiment shifts. Short-term traders are advised to watch for continued fluctuations and potential support levels, while longer-term investors should consider the evolving political landscape's impact on Amazon's market position.