Five things to know ahead of today's opening bell. President Trump threatening the pharmaceutical industry with 100% tariffs unless drug companies manufacture or at least start to build manufacturing plants in the United States. The president also saying that he plans to slap a 25% tariff on imported heavy trucks starting October 1st.Separately, President Trump said yesterday he hopes to take some of the money raised by his tariffs and give it to US farmers. Retaliation to President Trump's tariffs have red ...

Five things to know ahead of today's opening bill. Senate Democratic leader Chuck Schumer now urging President Trump to meet with Democrats as a government shutdown draws closer. On Friday, the Senate voted to block dueling Republican and Democratic proposals to keep the government funded on a short-term basis.Now, funding expires at the end of the month. And the parent company of Saxith Avenue now reportedly in talks to sell 49% of Burgdorf Goodman for about $1 billion. The Wall Street Journal reporting th ...

Core Viewpoint - Amazon remains a top investment choice due to its strong growth in e-commerce, cloud services, and advertising, alongside reasonable valuations despite macroeconomic uncertainties. Group 1: E-commerce Business - Amazon is the world's largest e-commerce company, operating localized online marketplaces in over 20 countries and offering international shipping to more than 100 countries [4] - The Prime service has over 220 million subscribers globally, contributing to a sticky ecosystem that attracts shoppers away from smaller retailers [5] - In 2024, online store sales increased by 7% to $247 billion, while physical store sales grew by 6% to $21.5 billion [5] - Growth is supported by the expansion of the third-party marketplace, logistics investments, and AI tools enhancing customer recommendations [6] Group 2: Cloud Business - Amazon Web Services (AWS) is the largest cloud infrastructure platform, holding a 33% market share as of the end of 2024 [8] - AWS revenue rose by 19% to $107.6 billion in 2024, with operating margins expanding nearly 10 percentage points to 37% [9] - The AI market's growth is driving increased spending on AWS, prompting Amazon to expand its data center footprint and develop custom AI chips [10] Group 3: Advertising Business - Amazon's advertising revenue grew by 20% to $56.2 billion in 2024, representing 9% of total revenue [11] - The company is now the third-largest digital advertising platform globally, following Google and Meta Platforms [12] - Future growth in advertising revenue is projected to continue as more users initiate product searches on Amazon [12] Group 4: Valuation - Analysts forecast Amazon's revenue and earnings per share to grow at a compound annual growth rate (CAGR) of 10% and 17% from 2024 to 2027 [13] - The company is considered historically cheap, trading at 28 times next year's earnings and 2.8 times next year's sales [13] - Despite near-term valuation pressures from macroeconomic concerns, Amazon's resilience through past recessions supports its long-term investment appeal [14]