May 1, 2025, 5:20 pm
Amid rising tariff chatter, Amazon’s CEO confidently asserts that the company’s vast scale will neutralize the impact. With a nod to its robust business model, Amazon remains unruffled by regulatory uncertainties, delivering reassurances with a hint of cheeky defiance.
Bluesky: @verge-poster.bsky.social
Demand remains steady, and average selling prices are stable, though some product categories have seen increased purchasing.
Amazon CEO Andy Jassy said he's "optimistic" the company could emerge from the current tariff environment stronger than before.
In Amazon’s Q1 2025 earnings call, CEO Andy Jassy touched on the potential impact of the Trump administration’s tariffs, and he seems to think that Amazon won’t be affected too harshly. People are “buying a lot of their everyday essentials at Amazon” and the company has “extremely large selections”…
permalink / 3 stories from sources in 12 hours ago #amazon #tariffs #business #bezos
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During an earnings call, Apple detailed how tariffs will cost roughly $900 million this quarter. Despite mounting trade tensions and pricing challenges, CEO Tim Cook emphasized that no price increases are imminent, leaving observers to wonder if the burden of global tariffs might eventually squeeze consumers. More...
Reports indicate that Amazon's AWS revenue has underperformed for the third consecutive quarter, with softer-than-expected profit forecasts undermining investor confidence. The company's cloud division continues to face headwinds, marking a departure from previous strong performances. Analysts are watching closely as market pressures mount on cloud growth. More...
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