From Yahoo Finance: 2025-05-04 09:33:00

President Trump’s tariffs put Christmas at risk with a potential shortage of dolls. However, China may be open to trade negotiations, easing tensions. Amazon’s first-quarter earnings exceeded expectations, but guidance for operating income was lower. The company faces uncertainty over tariffs, with stock falling. Amazon scrapped plans to display U.S. tariff costs amid disputes with Trump. Analysts are optimistic about a potential deal with China boosting Amazon’s stock. Bank of America raised Amazon’s price target and reaffirmed a buy rating, noting the company’s exposure to China. AWS, Amazon’s cloud service, faces competition from Microsoft’s Azure. Despite challenges, Amazon remains well-positioned for any trade agreements. 1. The stock market saw a significant increase today, with the S&P 500 hitting a record high of 4,200 points. This surge was fueled by positive economic data and strong corporate earnings reports.

2. In international news, the United Nations reported that over 200 Palestinians, including 59 children, have been killed in Gaza since the conflict with Israel began. The UN called for an immediate ceasefire to prevent further civilian casualties.

3. On the tech front, Apple announced a new feature that will allow users to unlock their iPhones while wearing a mask. This update comes as more people continue to wear masks due to the ongoing COVID-19 pandemic.

4. In sports news, the NBA playoffs are in full swing, with the Brooklyn Nets and the Los Angeles Lakers emerging as early favorites. Fans are eagerly anticipating a showdown between the two powerhouse teams in the finals.

5. Lastly, in health news, a new study found that the Pfizer-BioNTech COVID-19 vaccine is highly effective in preventing infection and transmission of the virus. The study also showed that the vaccine provides strong protection against the emerging variants.



Read more at Yahoo Finance: Analysts revise Amazon stock price target after earnings