StockNews.AI
AMZN
benzinga.com
131 days

Tech Sector Entering A Period Of 'Mass Uncertainty' Amid Tariffs And Upcoming Earnings Season, Says Dan Ives: 'The Damage Is Real' - Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)

1. Tech sector faces uncertainty due to tariffs and earnings season. 2. Tariffs on China have reached up to 125%, affecting capital expenditure. 3. Amazon anticipates potential earnings cuts along with other tech firms. 4. June quarter is expected to be soft for major tech companies. 5. A U.S.-China deal remains uncertain and critical for recovery.

4m saved
Insight
Article

FAQ

Why Bearish?

The anticipated earnings cuts and CapEx pullbacks suggest declining profitability for AMZN.

How important is it?

Ongoing tariff issues and earnings cuts pose significant challenges for AMZN's stock outlook.

Why Short Term?

The immediate effects of earnings season and tariffs are likely to impact AMZN quickly.

Related Companies

Related News