Amazon Posts Strong Sales While Bracing for Tariffs
- Miguel Virgen, PhD Student in Business
- May 3, 2025
- 6 min read
Amazon, the world’s largest online retailer, surprised Wall Street with another strong quarterly performance, reporting robust sales and solid profits that seemed impervious to rising global economic uncertainties. However, the celebratory mood didn’t last long. As executives issued a cautious outlook citing impending tariffs on Chinese imports, investor confidence wavered, and the company’s shares fell nearly 4% in after-hours trading.
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