From CNBC: 2025-05-02 12:45:00

As President Donald Trump’s trade policies create global uncertainty, companies like Block and Airbnb are feeling the impact. Block offered a lackluster profit outlook due to economic uncertainty, while Airbnb saw softness in travel from Canada to the U.S. Apple’s CEO expects $900 million in added costs from tariffs this quarter. Amazon is also facing pressure from tariffs, with its e-commerce business feeling the impact.

The advertising business is a bright spot in this economic uncertainty, with companies like Amazon, Alphabet, and Meta reporting strong ad revenue growth. However, changes in tariffs and trade policies are expected to have a slight negative impact on ad businesses this year. Worsening consumer sentiment is affecting various industries, including airlines, restaurants, and retailers, with companies like Delta and Chipotle adjusting their growth plans and guidance accordingly. U.S. consumers are also less optimistic about the economy, with the Conference Board’s consumer confidence survey showing a significant decline.



Read more at CNBC:: Where Apple and Amazon are starting to feel the pinch