April 3, 2025
Amazon Makes a Power Move To Buy TikTok
Today’s episode covers five major market movers and money headlines. Amazon and AppLovin are racing to buy TikTok as ByteDance faces a divest-or-ban deadline on April 5. Tariff shockwaves hit stocks like Apple, Nike, and Walmart, while RH’s dire housing market outlook sends its stock crashing 30%. Nintendo’s Switch 2 is unveiled with new multiplayer features and a $450 price tag. And finally, Trump’s 25% tariffs on imported cars take effect today, potentially raising vehicle prices by thousands. It’s a fast-moving, high-stakes day in business—let’s break it all down.
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