From Yahoo Finance: 2025-05-01 18:22:00

White House officials attacked Amazon for alleged collaboration with a “Chinese propaganda arm”. Clash threatens relationship between Bezos and Trump. Amazon reported sales of $155.7bn in Q1, with net profits of $17.1bn. Q2 earnings outlook lower than expected, shares fell 5.4%. Trump’s tariffs on China pose challenges for Amazon and Temu, a low-cost Chinese shopping app. Amazon’s Q1 results closely watched for signs of a market slowdown. Apple’s profits impacted by almost $1bn in extra costs due to Trump’s trade war. Amazon CEO Andy Jassy sees heightened buying indicating potential consumer stockpiling. Apple’s shares dipped as China sales just missed forecasts. Apple reported net sales of $95.4bn, with iPhone sales exceeding expectations. iPhone sales boosted ahead of tariffs amid fears of price hikes. Apple shifting manufacturing to India to avoid tariffs. Investors concerned about Trump’s trade wars impact on Apple and other US tech firms. Treasury Secretary urges Fed to cut interest rates, citing falling bond yields and lower inflation. Trump’s tariff war and US-China trade tensions impacting US manufacturers. US factories report biggest drop in exports since pandemic. Weak demand, high costs, and slow production growth are not positive for economic growth. US factories report biggest drop in exports since pandemic. Weak demand, high costs, and slow production growth are not positive for economic growth. McDonald’s US sales fall as diners grapple with uncertainty amid Trump’s trade war. Fast food giant’s global comparable sales down 1%, driven by 3.6% US slump. Apple’s China sales slightly down, US tariff crackdown may affect iPhone prices. Apple suppliers shift manufacturing to India to avoid levies. Investors cautious as US tech firms navigate Trump’s tariff war. Trump’s trade wars hit General Motors’ profit forecasts for 2025. Detroit carmaker expects annual adjusted profits between $10bn and $12.5bn. Tariffs impact GM’s forecast, strategies developed to mitigate costs. US manufacturers facing largest drop in exports since pandemic. Tariff uncertainty, higher costs, and trade wars impacting US manufacturing. US manufacturers facing largest drop in exports since pandemic. Tariff uncertainty, higher costs, and trade wars impacting US manufacturing. Oil price sinks below $60 as Saudi Arabia signals readiness to increase output. Concerns about demand from China amid Trump’s trade war. US economy shrinks for the first time since 2022. US households cut back spending amid higher taxes and economic uncertainty. US manufacturers hit hardest by Trump’s tariffs, with export orders plummeting. UK factories struggle with cost pressures amid Trump’s tariffs. Barclays predicts Bank of England will cut interest rates to offset tariff impacts. Lloyds sets aside £100m for bad loans due to Trump’s tariffs, posts 7% profit drop. Persimmon maintains sales targets, expects limited impact from Trump’s tariffs. Rolls-Royce maintains profit guidance, expects to offset tariff impacts. FTSE 100 opens lower as companies report concerns about tariffs. Airbus tells US customers to fund tariffs on imported aircraft themselves. Boeing’s biggest rival, Airbus, says US airline customers must pay tariffs. Bank of England expected to announce interest rate cuts in response to tariff impacts. Lloyds sets aside £100m for potential loan losses due to Trump’s tariffs. Persimmon maintains sales targets, expects limited impact from tariffs. Rolls-Royce expects to offset tariff impacts, maintains profit guidance. FTSE 100 opens lower as concerns about tariffs weigh on markets. US reaches out to China for talks on tariffs, Trump predicts “good chance” of deal. Asian shares advance as US stocks continue winning streak. Nikkei 225 rises 1.1%, Bank of Japan keeps interest rate unchanged. Asian shares advance as US stocks continue winning streak. Nikkei 225 rises 1.1%, Bank of Japan keeps interest rate unchanged. Thank you for joining us. US reaches out to China for talks on tariffs as Trump predicts potential deal. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers, and more.



Read more at Yahoo Finance: Apple warns of $900m hit from Trump’s trade war