Etsy (ETSY) reported $672.66 million in revenue for the quarter ended June 2025, representing a year-over-year increase of 3.8%. EPS of $0.25 for the same period compares to $0.41 a year ago.The reported revenue represents a surprise of +3.8% over the Zacks Consensus Estimate of $648.01 million. With the consensus EPS estimate being $0.54, the EPS surprise was -53.7%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their n ...

Group 1 - Canada announced the cancellation of its digital services tax after pressure from the U.S., which was set to impose a 3% tax on large multinational tech companies, including Google and Apple, with an estimated total tax payment of $2.7 billion [1] - The Canadian economy is highly dependent on the U.S., with over 75% of its exports going to the U.S., accounting for 18% of its GDP, indicating that any U.S. tariffs could severely impact Canada’s economy [1] - The cancellation of the digital services tax reflects Canada's attempt to maintain trade negotiations with the U.S. and avoid further economic repercussions [1] Group 2 - Japan is under pressure from the U.S. regarding trade negotiations, particularly in the automotive sector, which employs 5.6 million people, or 8% of Japan's workforce [3] - The EU may also be compelled to make concessions in other areas, such as pharmaceuticals and alcohol, to appease the U.S. despite its stated position on tech company regulations [3] - India is likely to make concessions in trade negotiations with the U.S. due to its desire for a favorable trade agreement, despite claiming to have "two very large red lines" [5] Group 3 - Canada’s actions against Chinese company Hikvision, citing national security without evidence, indicate a strategy to align with U.S. interests, potentially damaging its international reputation [5] - The diplomatic approach taken by Canada, which involves yielding to U.S. pressure while antagonizing China, highlights the challenges of maintaining a balanced foreign policy in a complex geopolitical landscape [7] - Other countries are advised to learn from Canada’s experience and to assert their interests firmly in trade negotiations with the U.S. to avoid compromising their own positions [7]