Amazon Sellers May Pass Tariff Costs To Consumers - CEO
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Jassy said that "generative AI is going to reinvent virtually every customer experience we know and enable altogether new ones about which we’ve only fantasized."
From Seeking Alpha
“We’re going to do everything we possibly can to keep prices low for customers,” Jassy said in an interview on CNBC.
From Wall Street Journal
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Wall Street, Trump and tariff
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Asian markets retreated Friday after Wall Street shuddered with a level of shock unseen since the COVID-19 impact tore on Trump's latest set of tariffs' damage on the world's economy.
From The Press Democrat
Global shares surged and a manic bond selloff eased on Thursday after U.S. President Donald Trump said he would temporarily lower some of the hefty duties he had just imposed on dozens of countries.
From Reuters
The dollar fell across the board on Thursday, losing ground particularly against safe havens but also more risk sensitive currencies, as traders tried to assess where they stood after Wednesday's dra...
From Reuters
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Another worrying sign came today when U.S. Treasuries started to sell off again. They are typically seen as the safest corner of the market — and it was a rapid rise in the yield on crucial 10-year Treasuries that caused Trump to back down yesterday from the latest rollout of tariffs. Here’s what happened behind the scenes.
5hon MSN
"We believe the whole trajectory of earnings for TSLA remains too high and could face negative revisions post 1Q25 results," UBS analysts said.
Trump’s announcement of the largest tariff increases in over a century feels like an economic earthquake. The initial shock has been delivered, but the true consequences are still forming.
Americans are deeply divided along partisan lines about tariffs and the U.S.’s foreign alliances, according to a new poll. In the poll from The Wall Street Journal, 77 percent of Republican
Anderson Economic Group studied the projected impact from Trump's auto tariffs and estimated how much it will ding UAW profit-sharing checks.
Trump's aggressive tariff rollout has sent markets reeling. Some strategists are advising against knee-jerk reactions amid the uncertainty.
The giant screen company could mitigate a possible boycott scenario with a pivot to popular homegrown Chinese language blockbusters, say analysts.