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Forbes Daily: Amazon Beats Expectations But Warns Of Tariff Impacts https://t.co/jxhUAQhTe9 https://t.co/7jd3w5KJXE
Amazon has given a weaker-than-expected forecast for operating profit in the current quarter, pointing toward tariffs and trade policies that may cause consumers to pull back on spending https://t.co/6XfiikQgZz
#NewsFatafat | Tech earnings on Wall Street — Amazon beats Q1 expectations but issues cautious guidance amid rising uncertainty over Trump-era tariffs. The e-commerce giant flagged "tariffs and trade policies" and "recessionary fears" as key risks that could impact its outlook. https://t.co/gsJw7K0seB
Amazon reported solid earnings growth for the first quarter of 2025, surpassing Wall Street expectations. However, the company issued a cautious outlook for the current quarter, citing uncertainties related to tariffs and trade policies inherited from the Trump administration. Amazon highlighted that these factors, along with recessionary fears, could materially affect its operating profit and consumer spending. The e-commerce giant warned that the ongoing tariff situation may lead to reduced consumer demand, resulting in a weaker-than-expected forecast for operating profit in the upcoming quarter.