According to @StockMarketNerd, Shopify ($SHOP) President Harley Finkelstein stated that despite current market uncertainty, Shopify's internal data through April 2025 shows little evidence of a slowdown (source: @StockMarketNerd, May 8, 2025). For crypto traders, this stability in e-commerce signals continued consumer demand, which often correlates with positive sentiment for related digital assets and payment tokens. Market participants may watch for any changes in Shopify's trends as a macroeconomic indicator impacting both traditional stocks and crypto markets.

According to @KobeissiLetter, President Trump's introduction of a 25% tariff on cars not made in the US is expected to increase the price of these vehicles by up to $12,500. This policy change is causing significant concern in the market, leading to a drop in US automaker stocks despite the potential for increased domestic production competitiveness. Investors are reacting to the anticipated price hikes and their impact on consumer demand and sales volumes.