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- Amazon Downgraded on Tariff Exposure and Uncertain ROI
Amazon Downgraded on Tariff Exposure and Uncertain ROI
5 articles I'm watching carefully
Tyler Dupont ![]() Good morning 👋 Here's the latest news I'm tracking today. |
📈 Stocks / Finance
Amazon Downgraded on Tariff Exposure and Uncertain ROI
Raymond James downgraded Amazon from 'Strong Buy' to 'Outperform' and cut its target to $195, citing underestimated EBIT pressures from tariffs and heavy investments. AMZN stock is down 24% YTD, closing at $167.32 after a 3% drop Monday.
Nvidia drops as Huawei accelerates AI chip rollout
Nvidia fell 4.5% after Reuters reported Huawei will launch AI chips rivaling Nvidia’s H100s. The H20 ban could cost Nvidia $16B this year. U.S. trade curbs, including potential tariffs, may further impact sales; China made up 13% of FY25 revenue.
Fed gridlock rattles markets as inflation, layoffs collide
The S&P 500 dropped 2% on April 21 after Powell warned the Fed’s dual mandate is under strain. With CPI at 2.4% and Q1 layoffs at 497K—the worst since 2009—investors fear policy inaction as Trump tariffs risk reigniting inflation.
🪙 Crypto
VanEck’s NODE ETF Targets Broader Crypto Equity Plays
VanEck’s new Onchain Economy ETF (NODE), launching May 14, will invest across 130+ crypto-linked firms, avoiding miner-heavy exposure. Unlike DAPP, NODE targets energy firms, Web2 adopters, and potential IPOs to offer lower volatility and broader crypto equity access.
🌎 Global Economy
IMF, World Bank Meet as Tariff Uncertainty Shakes Global Order
IMF and World Bank Spring Meetings begin amid rising concern over U.S.-driven trade shocks. The IMF plans to cut growth forecasts as tariff uncertainty disrupts planning. Critics call for governance reforms, citing U.S. control over IMF decision-making.