Wall Street Breakfast

Amazon navigates trade war world

Apr 10, 2025
Amazon's CEO discusses how rising tariffs might cause third-party sellers to increase prices for consumers. Meanwhile, the stock market reacts nervously despite a promising CPI report. Goldman Sachs had to quickly change their recession forecast amid economic shifts. The launch of Project Kuiper aims to provide satellite internet access, highlighting the intersection of innovation and inflation in today's market. Plus, DoorDash unveils exciting new delivery strategies, showing how tech continues to evolve in retail.
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INSIGHT

Amazon's Tariff Impact Strategy

  • Amazon CEO Andy Jassy highlights that third-party sellers might pass tariff costs to customers.
  • Amazon is implementing inventory strategies and renegotiating orders to reduce tariff impact.
INSIGHT

Generative AI Revolution

  • Jassy states generative AI will transform customer experience and create new possibilities.
  • He urges companies not leveraging AI models will lose competitiveness rapidly.
INSIGHT

Amazon's AI and Satellite Investment

  • Amazon invests heavily upfront in AI infrastructure including data centers and chips.
  • Project Kuiper plans 3,200 satellites to expand internet access and drive meaningful return.
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