These 2 Retail Stocks Are Soaring After SCOTUS Strikes Down President Trump's Tariffs

On Feb. 20, the Supreme Court ruled that President Trump lacked the legal authority to impose tariffs under the International Emergency Economic Powers Act (IEEPA). That ruling, which nullifies most of the Trump Administration's previous tariffs, lit a fire under many retail stocks. Two such stocks were Amazon (NASDAQ: AMZN) and PDD (NASDAQ: PDD), which rose 3% and 4%, respectively, after the Supreme Court's ruling. Let's see if those gains are sustainable. Will AI create the world's first trillionaire? O ...