According to The Kobeissi Letter on Twitter, the White House has publicly accused Amazon ($AMZN) of being partnered with a 'Chinese propaganda arm,' raising immediate concerns among traders about regulatory risks and potential negative sentiment affecting Amazon's stock price. This development introduces uncertainty for $AMZN in both the short and medium term, as heightened geopolitical scrutiny may lead to increased volatility and possible sell-offs by institutional investors. Traders are advised to closely monitor official statements for further details and assess risk management strategies in light of this breaking news (Source: The Kobeissi Letter, April 29, 2025).

According to The Kobeissi Letter, Amazon stock ($AMZN) experienced notable volatility after the White House publicly accused the company of a 'hostile and political act' (source: @KobeissiLetter, April 29, 2025). This statement triggered increased trading volume and a sharp intraday decline, as traders assessed the potential for heightened regulatory risks and political scrutiny. Short-term price action reflected bearish sentiment, with technical indicators pointing to potential support levels being tested. Traders are monitoring for further official statements and policy developments that could impact Amazon's near-term performance.

According to The Kobeissi Letter, Amazon's ($AMZN) earnings announcement is scheduled for after the market close. Traders are keenly watching if Amazon can drive a resurgence in big tech stocks, which could lead to significant market movements depending on the results. The earnings outcome will be crucial for assessing Amazon's ability to influence broader tech sector trends.