From Yahoo Finance: 2025-04-30 19:39:00

China’s foreign ministry released a video comparing Trump’s tariffs to “drinking poison,” asserting China won’t kneel down. A Chinese official revealed Beijing’s stance against yielding to Trump’s terms. Canada’s former Deputy PM calls Trump’s threats “the dumbest trade war,” emphasizing the need for Canadian energy in the AI race. The global trade war is slowing the AI boom, affecting tech giants’ plans for building data centers. China’s role in AI hardware production is crucial, with potential cost increases due to U.S. tariffs on Chinese goods. Amazon.com Inc. (AMZN) faces AI spending cuts amid tariff risks, impacting AI demand outlook. The potential for AMZN as an investment is acknowledged, but some AI stocks may offer higher returns in a shorter timeframe. AMZN ranks 1st in AI stocks making waves today, but other promising AI stocks exist.

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