Amazon briefly sparked political controversy after exploring the idea of showing shoppers how tariffs are impacting product prices—a move that quickly drew fire from President Trump’s team.
According to a report from Punchbowl News, the company considered adding a feature to its Amazon Haul platform that would make import-related cost increases visible to consumers.
Trump’s camp slammed the idea, calling it a politically motivated jab and questioning why Amazon hadn’t flagged inflation spikes under the Biden administration in the same way.
Despite the noise, Amazon stock rose 1.3% on the day, closing at $187.46 on April 30. A spokesperson later clarified that the proposed feature wasn’t intended for Amazon’s main shopping site and that tensions eased after a phone call between Trump and founder Jeff Bezos.
Even with the issue apparently settled for now, Amazon could still feel the impact of shifting trade policies in the months ahead. Tariffs remain a risk for retailers with complex supply chains, and analysts will be watching closely during the company’s upcoming earnings report on May 1.
Although price targets for Amazon shares have been revised slightly lower in recent weeks, market sentiment remains positive overall. After a mixed Q4 performance—where strong results were undercut by cautious guidance—investors are looking for signs of stability as Q1 results approach.
Japanese financial heavyweight SBI Group has significantly backed stablecoin issuer Circle, injecting $50 million into the company’s recent upsized initial public offering (IPO) on the New York Stock Exchange.
After a long stretch of subdued activity, OpenSea is experiencing a notable uptick in user engagement.
OpenAI’s Sam Altman is taking his controversial identity-verification venture, Worldcoin, to the United Kingdom, beginning with a launch in London.
Tether CEO Paolo Ardoino has floated a bold valuation scenario: if the stablecoin giant were to go public, its market cap could soar to $515 billion — potentially making it one of the top 20 most valuable companies globally, surpassing legacy giants like Coca-Cola and Costco.