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Amazon Follows Microsoft's Lead, Halts Some Data Center Deals — Executive Says 'Routine Capacity Management'
As trade concerns spread, Trump discusses the impact of tariffs with retail giants such as Walmart.
① The President of the USA, Trump, discussed the impact of the comprehensive tariff plan on American retailers with the CEOs of Walmart, Target, and Home Depot; ② The tariffs may lead to further price increases in the USA, affecting retailers and consumers. The National Retail Federation warns that tariffs will cause American families to spend more on everyday goods.
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Can AI narratives continue? Following Microsoft, there are also reports that Amazon is slowing down the expansion of its Datacenter.
① Analysts from Wells Fargo & Co have indicated through industry channels that Amazon has slowed down negotiations for new Datacenter leases; ② Previously aggressive in expanding computing power, Microsoft has begun making adjustments to its Business; ③ Analysts also pointed out that, aside from the two major Cloud Computing giants, activities from large Technology companies like Google have not shown signs of fatigue.
Shares of Companies Within the Broader Consumer Discretionary Sector Are Trading Lower Amid Overall Market Weakness and Investor Concerns Over Deteriorating Trade Relationships.
