Transportation

Amazon.com says it will again be using FedEx for package deliveries.

Amazon.com, Nvidia, Tesla, and the rest of the Magnificent Seven stocks jump as the U.S. and China reach an agreement to temporarily slash most tariffs on each other’s goods.

Traffic is going to take a hit in current quarter, and nobody knows if negotiations will succeed in reducing tariffs.

Cryptocurrency asset manager and brokerage Coinbase posts quarterly revenue below analysts’ estimates, Lyft swings to a profit in the first quarter, and Affirm issues disappointing revenue guidance.

Upgrading transportation systems means revenue for companies, equipment suppliers in particular. The biggest winners might be American passengers.

Lyft faces stiff competition in the ride-sharing market, but one analyst sees an attractive buying opportunity.

Arm Holdings issues disappointing guidance, AppLovin surges after topping earnings and revenue expectations, and Coinbase agrees to acquire Bitcoin trading platform Deribit for $2.9 billion.

The system will take three to four years to complete and aims to completely replace antiquated technology currently in place.

The deal comes just before talks with one of the U.S.’s biggest trade partners are set to begin.

Alphabet stock tumbles on fears AI search providers could one day replace traditional search engines like Google, Super Micro Computer’s guidance for its fiscal fourth quarter misses analysts’ estimates, and Walt Disney stock surges following an earnings beat.

The ride-hailing app posts a mixed first quarter.

Ted Weschler and Todd Combs have run about 10% of Berkshire’s $300 billion equity portfolio with CEO Warren Buffett handling the other 90%.

Palantir Technologies raises its full-year outlook but the stock falls, Ford suspends guidance because of uncertainty over President Donald Trump’s tariffs on its business, and Tesla sales slump in Germany.

“We are focusing on managing what we can control,” CFO Sherry House said.

There aren’t shortages of goods in U.S. stores yet, but if the deterioration in global shipping is any indication, they are on the way.

Berkshire Hathaway’s Class B shares fall after Warren Buffett says he’ll be stepping down as CEO at the end of the year, and Netflix declines as President Donald Trump says he authorized a 100% tariff on films produced overseas. Palantir Technologies, meanwhile, is scheduled to report quarterly earnings later Monday.

Shares of Apple and Amazon decline as earnings from the tech giants disappoint, Block sinks after cutting guidance, and Take-Two Interactive Software delays the release of ‘Grand Theft Auto VI.’

The closure of the de minimis loophole targeting e-commerce companies with ties to China could also send ripples through shipping giants and Big Tech.

Quarterly revenue at Microsoft’s cloud-computing business jumps 21%, Eli Lilly reduces 2025 guidance, and Meta Platforms boosts its capital spending plans largely on AI investments. Meanwhile, a federal judge finds Apple violated an antitrust ruling. The iPhone maker is scheduled to report quarterly earnings later Thursday.

Super Micro issues a fiscal third-quarter forecast well below previously issued guidance, Nvidia and Tesla shares decline, and Starbucks sinks after earnings miss Wall Street estimates.

Online travel agency Booking Holdings widened its guidance range to reflect “increased uncertainty in the macroeconomic environment.”

Morgan Stanley’s Mike Wilson put out a shopping list. The names are already reflecting close to the worst in the economy.

The shipping company posted an earnings beat, but said it would not update its full-year outlook due to tariff uncertainty.

Truckers are warning of a soft April. Analysts are cutting price targets for shippers. Torsten Slok sees a collapse in U.S.-China trade.

Tesla stock rises as CEO Elon Musk says in May he’ll be cutting back ’significantly’ his work with the Trump administration’s Department of Government Efficiency.