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Despite a market resurgence Wednesday and US President Donald Trump announcing a 90-day pause on his Liberation Day policy, Amazon has told consumers to expect prices to rise due to tariffs. Specifically, the company’s CEO, Andy Jassy, told CNBC that the company would be passing increased costs onto consumers. Jassy noted that the company is still waiting to see how the tariff turmoil “plays out,” but expects the e-commerce firm to cope with increased prices. Moreover, he noted that the e-commerce juggernauts’ network of third-party sellers has been placed in a tough position by the ongoing import tax dilemma. JUST IN: Amazon says to expect their prices to rise. — Watcher.Guru (@WatcherGuru) April 10, 2025 Also Read: Amazon Cancels Inventory Orders From China Following US Tariffs Amazon CEO Says Prices Will Likely Rise Amid Tariff Turmoil The presence of increased global financial uncertainty is set to bring increased pressure to consumers in 2025, according to o...

Bank of America analysts suggest that Apple (AAPL) may have to raise its prices amid a potential financial impact from potential tariffs. Indeed, BofA estimates that a 10% tariff on all Apple products imported into the U.S. would result in a 2% to 3% decline in earnings per share. Apple would have to raise its prices a bit to avoid such a dropoff in EPS. “Trump noted it will be a ‘simple system with no one exempt’ from the tariffs,” BofA says in the Analysis . BofA projects that the iPhone developer sells approximately 50 million phones, 15 million iPads, and 10 million Macs in the U.S. annually. The bank believes that if Apple maintains its current pricing structure, the tariffs could reduce EPS by $0.26, or 3.1%, in calendar year 2026. However, “if Apple raises prices by ~3% in the U.S., the earnings impact would be $0.21 (-2.4%) in C26 (we assume 5% fewer units sold),” the analysts add. Source: American Banker Tariffs To Affect Apple and Other US Tech Giants? President Donald Trump...

Elon Musk is optimistic about Dogecoin payments for purchasing Tesla cars. NuggetRush price rises to $0.019 per token in the launchpad presale round. Analysts believe meme coin prices could soar this year. Elon Musk, the CEO of Tesla Inc., has been a big fan of Dogecoin (DOGE) for a while. He started talking about it back in 2019, saying he thought it was a pretty cool cryptocurrency.  Back then, not many people knew about Dogecoin. It took a bit of time and some more posts from Musk, along with a big increase in cryptocurrency prices, for Dogecoin to become popular. Musk has recently mentioned that you can buy Tesla merchandise with Dogecoin. This makes it seem like Tesla might start letting people use Dogecoin to buy cars too, since it already has a system for dealing with Dogecoin transactions. Then we also have a few Dogecoin variants in the meme coin market which are showing great progress this year. One notable name that stands out is NuggetRush (...