Amazon, Wayfair, Pinterest Win Analyst Backing Due To Tariff Pause, Supply Chain Relief, Discretionary Spend Recovery
1. Trump announced a 90-day pause on reciprocal tariffs, impacting market sentiment. 2. Amazon may benefit from reduced tariffs in other countries, aiding supply chain stability. 3. Analyst predicts potential upside for AMZN with tariff resolution anticipated in 12-18 months. 4. China exposure remains a concern, with over 30% third-party sales tied to China. 5. Expectations of weak brand advertising could affect Amazon's ad revenue moving forward.