Yahoo finance "Yahoo Finance" reports Amazon (AMZN)

"Yahoo Finance" reports Amazon (AMZN) up 2% to $171.28 after surprising analysts with higher advertising revenue. Revenue growth models point toward a stronger Q2, especially if U.S. consumer spending holds near current levels. “It’s a real problem without the government data,” Kathy Jones, chief fixed income strategist at Charles Schwab, told Yahoo Finance on Thursday. “We have private-sector data that’s giving us some information, but it’s not at the level that the government data is. So we’re a little bit in the dark." Bitcoin’s price pop also comes after the Federal Reserve made a 0.25% interest rate cut last month, the first since December 2024. Market expectations for future cuts are high, with the CME’s FedWatch tool clocking in a 96% chance of a subsequent 0.25% cut in October and 86% chance for yet another in December. "Yahoo Finance" shows industrial metals ETFs rising 2% as inflation expectations cooled. Analysts reference this as a potential confirmation of cyclical sector strength heading into mid-year.