Nvidia rules the AI chip market. Here’s what Amazon’s CEO wants to do about that...
Continue ReadingSHENZHEN, China (Reuters) -Chinese companies that sell products on Amazon are preparing to hike prices for the U.S. or quit that market due to President Donald Trump's unprecedented tariff hikes, sellers and the head of China's largest e-commerce association said. Trump said on Wednesday he would raise tariffs on Chinese imports to 125% from the 104% level already in effect, escalating the high-stakes confrontation between the two world's largest economies. "This isn't just a tax issue, it's that the entire cost structure gets entirely overwhelmed," said Wang Xin, the head of the Shenzhen Cross-Border E-Commerce Association, which represents more than 3,000 Amazon sellers...
Continue ReadingThe recent sell-off has left few stocks unscathed, including "Magnificent Seven" stocks such as Amazon (NASDAQ: AMZN). Let's take a closer look at Amazon's businesses and financials to see if the stock could still be a winner this year. It may surprise some investors to learn that the online sales enterprise is likely not a compelling reason to buy Amazon stock...
Continue ReadingPresident Trump's announcement of tariffs on imports from countries worldwide has rocked the stock market -- and the tech-heavy Nasdaq Composite (NASDAQINDEX: ^IXIC) has led the decline, crashing more than 20% from its most recent high. Why are tech stocks being hit so hard? All this has prompted investors to worry about tech earnings ahead, fleeing shares of these companies...
Continue ReadingWe recently published a list of Jim Cramer Warns of a 36% Market Drop & Reviews These 9 Key Stocks. In this article, we are going to take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands against other stocks Jim Cramer discusses. In his appearance on CNBC’s Squawk on the Street on Monday, Jim Cramer […]...
Continue ReadingAccording to Bloomberg, the vendors received no warning of the cancellations, which occurred after President Trump's "Liberation Day" announcement...
Continue ReadingStocks wanted one thing from Trump after last week's shocking "Liberation Day" announcement. On Wednesday, they got it...
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