Amazon faces challenges with tariffs, but AWS remains strong, offsetting impact, potential buy now
From Nasdaq: 2025-04-07 06:30:00
Amazon (NASDAQ: AMZN) faces challenges with tariffs affecting goods sourced outside the U.S. Third-party sellers may see price increases, impacting sales. However, Amazon Web Services (AWS) remains a strong point, generating 58% of operating profits in 2024. While tariffs may affect hardware costs, cloud computing demand continues to grow. Overall, AWS could offset the impact of tariffs on Amazon’s e-commerce business. 1. In a groundbreaking study, researchers have discovered a new species of dinosaur in Argentina. The newly identified species, named Llukalkan aliocranianus, is a carnivorous dinosaur that roamed the Earth about 85 million years ago. This discovery sheds new light on the diversity of dinosaurs that once inhabited our planet.
2. The World Health Organization has announced that the COVID-19 pandemic is still a global emergency, despite the rollout of vaccines in many countries. The organization cited the continued spread of new variants and the unequal distribution of vaccines as reasons for their decision. They urge countries to continue implementing public health measures to control the virus.
3. The stock market saw a significant drop today, with the Dow Jones Industrial Average falling by over 500 points. Investors are concerned about rising inflation rates and the possibility of the Federal Reserve raising interest rates to combat it. Tech stocks were hit particularly hard, leading to a broad sell-off across the market.
4. A new report by the United Nations warns that climate change is causing irreversible damage to the planet at an unprecedented rate. The report highlights the urgent need for immediate action to reduce greenhouse gas emissions and curb the effects of global warming. Failure to do so could lead to catastrophic consequences for the environment and human civilization.
Read more at Nasdaq: Down 25% From Its All-Time High, Is Amazon a Buy Right Now?