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Here’s a quick recap of the crypto landscape for Wednesday (April 30) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$93,992.22 as markets closed for the day, down 1.3 percent in 24 hours. The day’s range has seen a low of US$93,333.62 and a high of US$94,464.34.

Bitcoin performance, April 30, 2025.

Chart via TradingView.

Cryptocurrencies have fallen slightly after the US Department of Commerce revealed that US gross domestic product declined by 0.3 percent in Q1, in contrast to economists’ expectations for a 0.4 percent gain.

Wednesday’s reading marks the first decline since Q1 2022. “Multiple indicators are now showing a recession to be the base case expectation in 2025,” according to the Kobeissi Letter.

Ethereum (ETH) ended the day at US$1,782.75, a 1.9 percent decrease over the past 24 hours. The cryptocurrency reached an intraday low of US$1,750.28 and reached its daily high as the markets wrapped.

Altcoin price update

  • Solana (SOL) ended the day valued at US$145.18, down 2.5 percent over 24 hours. SOL experienced a low of US$141.31 and peaked at $145.61.
  • XRP traded at US$2.19, reflecting a 4.3 percent decrease over 24 hours. The cryptocurrency recorded an intraday low of US$2.15 and reached its highest point at US$2.20.
  • Sui (SUI) was priced at US$3.41, showing a decreaseof four percent over the past 24 hours. It achieved a daily low of US$3.32 and a high of US$3.46.
  • Cardano (ADA) was trading at US$0.6808, down 3.6 percent over the past 24 hours. Its lowest price on Wednesday was US$0.6711, with a high of US$0.6862.

Today’s crypto news to know

Grayscale launches Bitcoin Adopters ETF

On Wednesday, Grayscale announced the launch of the Grayscale Bitcoin Adopters ETF on the NYSE Arca under the ticker symbol BCOR. The fund is based on the Indxx Bitcoin Adopters Index.

The launch of this exchange-traded fund (ETF) represents the growing interest in Bitcoin among corporations. According to Rahul Sen Sharma, president and Co-CEO at Indxx, public companies’ Bitcoin holdings increased by 16.1 percent in the year’s first quarter, valued at approximately US$57 billion. Roughly 3 percent of Bitcoin’s total supply is now held by companies globally, indicating a major shift in corporate treasury management.

Tether announces plans for US dollar stablecoin

Tether CEO Paolo Ardoino announced in a CNBC interview on Wednesday afternoon that his company plans to launch a US dollar stablecoin in the US as early as the end of this year or in early 2026.

Tether’s existing USDT stablecoin is the leading US dollar exporter with a market cap of nearly US$150 billion; however, it is overshadowed in the US by Circle’s rival product, USDC.

Ardoino told CNBC that USDT was created for smaller, developing economies, and that its new product will be designed with features that cater specifically to the US market.

SEC postpones decisions on XRP and DOGE ETFs

The US Securities and Exchange Commission (SEC) has extended its review period for two proposed spot cryptocurrency exchange-traded funds (ETFs) tied to XRP and Dogecoin, delaying any decision until mid-June.

The agency cited a need for more time to evaluate the filings, specifically the Bitwise DOGE ETF and the Franklin XRP Fund, and the legal issues they raise.

Under federal securities law, the SEC is allowed up to 90 days from the initial publication to make a decision, and this delay appears to fall within that window. Analysts speculated that the delay was anticipated and aligns with broader expectations that most final rulings will land in the fall.

While DOGE and XRP prices saw little immediate movement, the delay signals the SEC’s continued caution around expanding ETF offerings beyond Bitcoin and Ethereum.

Kraken launches ‘Embed’ service to let banks offer crypto trading

Crypto exchange Kraken is opening a new front in institutional crypto adoption with the launch of “Embed,” a plug-and-play crypto trading service for fintechs, neobanks, and traditional financial institutions.

Announced on Wednesday, the service enables companies to integrate crypto trading directly into their apps and websites using Kraken’s APIs, bypassing the need to build costly infrastructure or secure their own licenses.

Amsterdam-based digital bank Bunq is the first to roll out the new service, debuting ‘Bunq Crypto’ to let European users trade digital assets within its existing app.

According to Kraken’s head of payments, Brett McLain, the goal is to offer access to a wide range of tokens and fast asset listings, which he says sets Kraken apart from other white-label providers like Bitpanda.

Embed customers will pay variable service fees and share a portion of trading revenues with Kraken.

KuCoin pledges US$2 billion to Trust project

KuCoin announced a bold US$2 billion investment into what it’s calling the “Trust Project,” a sweeping initiative to restore user confidence and improve transparency across its platform.

The announcement was made during the TOKEN2049 conference in Dubai, where KuCoin executives laid out a roadmap focused on regulatory alignment, user protection, and responsible innovation.

A major component of the project involves giving the exchange’s native token, KCS, a larger role in governance, risk mitigation, and user reward structures. CEO BC Wong said the investment is aimed at securing the “long-term health” of the digital asset ecosystem by strengthening accountability and neutralizing systemic risks.

The initiative arrives as global regulators intensify their scrutiny of centralized exchanges and demand higher standards for custody, disclosures, and user safeguards.

Nasdaq files to list 21Shares Dogecoin ETF

In a fresh bid to tap into retail enthusiasm for meme coins, the Nasdaq has submitted a formal application with the SEC to list the 21Shares Dogecoin ETF, according to a 19b-4 filing released Tuesday.

The ETF is designed to track Dogecoin’s market performance via the CF DOGE-Dollar Settlement Price Index and will hold the token directly, without using leverage or derivatives.

Coinbase Custody Trust has been named as the fund’s official custodian, offering added legitimacy and security to the proposed vehicle. The filing comes in the wake of 21Shares’ S-1 registration and its partnership with the House of Doge — a corporate arm of the Dogecoin Foundation — to promote the fund.

Although the SEC recently delayed a decision on Bitwise’s similar DOGE ETF, Nasdaq’s move signals sustained momentum behind bringing more meme coin exposure to regulated markets.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

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Atlantic Lithium (ASX:A11,LSE:AAL,OTCQX:ALLIF) is appealing to the Ghanaian government to re-evaluate fiscal terms regarding its flagship Ewoyaa lithium project, which is located in the country.

The company’s board of directors acknowledged media reports on the situation in a press release late last week, saying it wants to ensure the successful development of the asset.

Atlantic notes that lithium prices have significantly declined since the mining lease for Ewoyaa was granted in October 2023, and is urging officials to adjust fiscal terms based on current price levels. Lithium prices remained low in 2024, and the downtrend has continued in 2025, with some price segments falling to four year lows.

Adam Webb, head of battery raw materials at Benchmark Mineral Intelligence, said at the Benchmark Summit in March that lithium carbonate prices are expected to remain about where they are, at US$10,400 per metric ton.

“But if we look further ahead, from 2026 onwards, that market is switching into the deficit, albeit quite small to start with, and that will end up being supportive of prices,” he explained at the Toronto-based event.

Australian spot spodumene concentrate prices have also declined.

Starting the year at the US$990 per metric ton level, values contracted through the first quarter of 2025 and are now sitting at the US$765 level, a 23.5 percent drop from January 2024’s price of US$1,000.

Atlantic said that despite this price environment, it is dedicated to “working in a spirit of partnership” with the Ghanaian government and its host communities to ensure that Ewoyaa becomes a reality.

The project is set to be Ghana’s first lithium-producing mine, and could become one of the top 10 largest spodumene concentrate producers globally. A resource estimate updated in July 2024 outlines 36.8 million metric tons at 1.24 percent lithium oxide, while a June 2023 definitive feasibility study shows Ewoyaa has the capacity to produce 3.6 million metric tons of spodumene concentrate over a 12 year mine life.

“While current lithium prices present headwinds, we believe that through collaboration and prudent fiscal measures, we can advance Ewoyaa to production and deliver lasting value for all stakeholders,” said Executive Chair Neil Herbert.

Atlantic said it is working closely with the Ghanaian government and local communities to progress the project to production and ensure long-term benefits for Ghana, such as critical revenue, local employment and skills development.

In August 2023, Piedmont Lithium (ASX:PLL,NASDAQ: PLL) committed to funding Ewoyaa, acquiring a 22.5 percent stake in the project. The company continues to assist Atlantic in advancing the project.

Speaking with the media earlier this week, Atlantic Lithium CEO Keith Muller said that there is “no doubt” in his mind that Ewoyaa will be built.

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

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Anteros Metals Inc. (CSE: ANT) (‘Anteros’ or the ‘Company’) is pleased to announce the identification of a near-surface, high-grade, critical-metal-bearing zone at its 100% owned, road-accessible Havens Steady VMS Property (‘Havens Steady’ or the ‘Property’) in central Newfoundland. AI-assisted 3D modelling of historical drill data has highlighted stacked lenses of zinc-lead-silver-copper mineralization near surface. This newly interpreted target area, termed the NHC Zone, remains largely untested by historical drilling and will be a key focus of upcoming exploration activities. Field validation and further targeting work are planned to support an inaugural mineral resource estimate for the Property.

Located approximately 40 kilometres southeast of Buchans and 17 kilometres from the past-producing Duck Pond Mine, Havens Steady hosts a laterally extensive polymetallic volcanogenic massive sulphide (‘VMS’) system. The latest modelling confirms a steeply southeast-dipping main mineralized zone (‘MMZ’) trending 057°, with over 700 metres of drilled strike and multiple open vectors along strike and at depth. Within the MMZ, a shallow, relatively high-grade zone is modelled to exist (Figure 1).

NHC TARGET HIGHLIGHTS:

  • Shallow High-Grade Zone – A near-surface, high-grade target interpreted from historical data with limited prior drill testing (Table 1).
  • Copper-Rich Feeder Zone – Historic drill intercepts, elevated Cu:Pb+Zn ratios, and silica-chlorite alteration suggest a potential vent-proximal feeder.
  • Shallow Infill Potential – Gaps in historical drill coverage within the MMZ, particularly in areas with thin overburden, present cost-effective opportunities for delineating additional mineralization and supporting future resource evaluation.
  • Improved Surface Access – Recent timber harvesting has improved access to multiple target areas, enabling inaugural trenching and low-cost grade verification in underexplored areas.
  • Scalable System in a Proven Critical Mineral District – Havens Steady is situated within a critical mineral belt with strong regional analogues, including past-producing VMS mines.

Table 1: Historical intercepts1 of the NHC Zone

Drill Hole From (m) To (m) Int. (m) Cu % Pb % Zn % Ag g/t Au g/t ZnEq2 %
HS-88-03 182.00 250.00 68.00 0.09 0.55 1.45 11.80 0.20 3.04
including 182.40 185.00 2.60 0.91 1.32 6.44 45.68 1.99 17.35
and 191.00 192.00 1.00 0.30 3.56 5.98 32.50 0.55 11.79
and 199.70 201.00 1.30 0.20 3.56 4.52 37.80 0.27 9.39
HS09-18 32.25 34.25 2.00 0.02 0.42 2.11 9.02 0.03 2.82
HS09-18 66.30 68.30 2.00 0.10 0.21 2.26 12.65 0.11 3.45
HS09-18 88.31 88.81 0.50 1.19 1.57 9.70 67.50 2.72 24.46
HS09-18 92.30 100.14 7.84 0.86 1.68 3.64 26.22 0.86 10.78
including 97.42 100.14 2.72 2.10 3.60 6.17 56.42 1.82 22.25
HS09-18 126.50 135.50 9.00 0.44 0.89 3.92 31.46 0.21 7.55
HS09-18 153.90 165.20 11.30 0.08 0.62 2.18 19.06 0.08 3.69
including 158.30 161.30 3.00 0.02 1.07 3.93 24.8 0.05 5.63
HS09-20 92.56 103.10 10.54 0.03 0.47 1.23 16.89 0.07 2.38
including 98.06 99.75 1.69 0.14 1.82 4.01 90.39 0.22 9.25
HS09-20 116.30 125.55 9.25 0.11 0.63 1.76 25.25 0.04 3.47
including 123.05 124.55 1.50 0.16 0.89 3.29 42.83 0.07 6.00
HS09-21 98.38 99.87 1.49 1.26 1.98 5.71 87.61 1.99 19.58
HS09-21 133.77 159.15 25.38 0.10 0.52 1.78 13.74 0.09 3.14
including 142.61 146.61 4.00 0.09 1.54 3.24 27.90 0.20 5.98

 

1Drilled intercepts are historic and may not be representative of true width
2Zinc Equivalent (‘ZnEq’) calculated using US$4.25/lb Cu, $2500/oz Au, $30/oz Ag, $0.8/lb Pb, and $1.3/lb Zn, and assumes 100% recovery

Figure 1: 3D Model, looking southwest, showing the NHC Zone (red solid)

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9885/250378_anteros.jpg

Anteros CEO Trumbull Fisher comments, ‘The identification of this shallow, high-grade zone adds meaningful scale and near-term potential to the Havens Steady Property. With surface access recently improved and multiple untested vectors emerging, we are well-positioned to advance this system toward resource definition.’

NEXT STEPS

Anteros plans to undertake field validation and surface mapping in Q2 2025, followed by refinement of drill targets for Phase I drilling, planned for Q3 2025. Priority targets include the NHC Zone and northeast extensions of the MMZ. The Property is fully permitted for diamond drilling, and the Company intends to leverage provincial critical mineral exploration grants to support 2025 work.

ELECTION OF DIRECTOR

In addition, the Company is pleased to announce that at its annual and special shareholder meeting held on April 30, 2025 (the ‘Meeting’), Ms. Emily Halle was elected as a new director of the Company. Ms. Halle is the Co-founder, Geologist, and Managing Director at Halle Geological Services Ltd, a comprehensive exploration management and consulting company since 2008.

Mr. Wesley Keats did not stand for re-election at the Meeting, however, Mr. Keats will remain an advisor to the Company. The Company would like to thank Mr. Keats for his contributions to the Company and wishes him success in his future endeavour.

In connection with the election of Ms. Halle as a director of the Company, Ms. Halle was granted 300,000 stock options to purchase common shares of the Company exercisable at a price of $0.10 per common share for a period of five (5) years. The common shares issuable upon exercise of the options are subject to a four month hold period from the original date of grant.

ABOUT THE PROPERTY

Havens Steady lies within the Storm Brook Formation of the Red Cross Group in the Exploits Subzone of the Dunnage Zone — a prolific metallogenic belt in central Newfoundland. The Property benefits from existing road infrastructure and proximity to hydroelectric power. The region hosts world class VMS deposits such as the past-producing Duck Pond Mine. The Company cautions that mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization on the Property.

Since acquiring the Property in January 2024, Anteros has completed a comprehensive compilation of historical data, which includes airborne EM, geochemical surveys, and over 15,000 metres of historical drilling. Documented mineralization includes sphalerite, galena, chalcopyrite, and bornite in high-grade polymetallic zones. The known system has a strike length of over a kilometre and remains open at depth. Learn more: www.anterosmetals.com/havens-steady.

QUALIFIED PERSON

The technical content of this news release has been reviewed and approved by Jesse R. Halle, P.Geo., a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

ABOUT Anteros Metals Inc.

Anteros is a multimineral junior mining company applying data science and geological expertise to identify and advance critical mineral opportunities in Newfoundland and Labrador. The Company is currently focused on advancing four key projects across diverse commodities and development horizons. Immediate plans for their flagship Knob Lake Property include bringing the historical Fe-Mn Mineral Resource Estimate into current status as well as commencing baseline environmental and feasibility studies.

For further information, please contact or visit:

Email: info@anterosmetals.com | Phone: +1-709-769-1151
Web: www.anterosmetals.com | Social: @anterosmetals

On behalf of the Board of Directors,

Chris Morrison
Director

Email: chris@anterosmetals.com | Phone: +1-709-725-6520
Web: www.anterosmetals.com/contact

16 Forest Road, Suite 200
St. John’s, NL, Canada
A1X 2B9

Cautionary Statement Regarding Forward-Looking Information

This news release may contain ‘forward-looking information’ and ‘forward-looking statements’ within the meaning of applicable Canadian securities legislation. All information contained herein that is not historical in nature may constitute forward-looking information. Forward-looking statements herein include but are not limited to statements relating to the prospects for development of the Company’s mineral properties, and are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward looking statements. Except as required by law, the Company disclaims any obligation to update or revise any forward-looking statements. Readers are cautioned not to put undue reliance on these forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/250378

News Provided by Newsfile via QuoteMedia

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Pfizer CEO Albert Bourla on Tuesday said uncertainty around President Donald Trump’s planned pharmaceutical tariffs is deterring the company from further investing in U.S. manufacturing and research and development. 

Bourla’s remarks on the company’s first-quarter earnings call came in response to a question about what Pfizer wants to see from tariff negotiations that would push the company to increase investments in the U.S. It comes as drugmakers brace for Trump’s levies on pharmaceuticals imported into the country — his administration’s bid to boost domestic manufacturing.

“If I know that there will not be tariffs … then there are tremendous investments that can happen in this country, both in R&D and manufacturing,” Bourla said on the call, adding that the company is also hoping for “certainty.”

“In periods of uncertainty, everybody is controlling their cost as we are doing, and then is very frugal with their investment, as we are doing, so that we are prepared for remit. So that’s what I want to see,” Bourla said.

Bourla noted the tax environment, which had previously pushed manufacturing abroad, has “significantly changed now” with the establishment of a global minimum tax of around 15%. He said that shift hasn’t necessarily made the U.S. more attractive, saying “it’s not as good” to invest here without additional incentives or clarity around tariffs.

“Now [Trump] I’m sure — and I know because I talked to him — that he would like to see even a reduction in the current tax regime particularly for locally produced goods,” Bourla said, adding a further decrease would be would be a strong incentive for manufacturing in the U.S.

Unlike other companies grappling with evolving trade policy, Pfizer did not revise its full-year outlook on Tuesday. However, the company noted in its earnings release that the guidance “does not currently include any potential impact related to future tariffs and trade policy changes, which we are unable to predict at this time.”

But on the earnings call on Tuesday, Pfizer executives said the guidance does reflect $150 million in costs from Trump’s existing tariffs.

“Included in our guidance that we didn’t really speak about is there are some tariffs in place today,” Pfizer CFO Dave Denton said on the call.

“We are contemplating that within our guidance range and we continue to again trend to the top end of our guidance range even with those costs to be incurred this year,” he said.

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Nvidia CEO Jensen Huang said on Wednesday that China is “not behind” in artificial intelligence, and that Huawei is “one of the most formidable technology companies in the world.”

Speaking to reporters at a tech conference in Washington, D.C., Huang said China may be “right behind” the U.S. for now, but it’s a narrow gap.

“We are very close,” he said. “Remember this is a long-time, infinite race.”

Nvidia has become key to the world economy over the past few years as it makes the chips powering the majority of recent advanced AI applications. The company faces growing hurdles in the U.S., including tariffs and a pending Biden-era regulation that would restrict the shipment of its most advanced AI chips to many countries around the world.

The Trump administration this month restricted the shipment of Nvidia’s H20 chips to China without a license. That technology, which is related to the Hopper chips used in the rest of the world, was developed to comply with previous U.S. export restrictions. Nvidia said it would take a $5.5 billion hit on the restriction.

Huawei, which is on a U.S. trade blacklist, is reportedly working on an AI chip of its own for Chinese customers.

“They’re incredible in computing and network tech, all these central capabilities to advance AI,” Huang said. “They have made enormous progress in the last several years.”

Nvidia has made the case that U.S. policy should focus on making its companies competitive, and that restricting chip sales to China and other countries threatens U.S. technology leadership.

Huang called again for the U.S. government to focus on AI policies that accelerate the technology’s development.

“This is an industry that we will have to compete for,” Huang said.

Trump on Wednesday called Huang “my friend Jensen,” cheering the company’s recent announcement that it planned to build $500 billion in AI infrastructure in the U.S. over the next five years.

Huang said he believes Nvidia will be able to manufacture its AI devices in the U.S. The company said earlier this month that it will assemble AI servers with its manufacturing partner Foxconn near Houston.

“With willpower and the resources of our country, I’m certain we can manufacture onshore,” Huang said.

Nvidia shares are down more than 20% this year, sliding along with the broader market, after almost tripling in value last year. The stock fell almost 3% on Wednesday.

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President Donald Trump used to refer to Jeff Bezos as “Jeff Bozo.” Now, after more drama between the two men, Trump is calling the Amazon founder a “good guy.”

Amazon’s earnings report, scheduled for Thursday, already had investors on edge due to the president’s sweeping tariffs and the potential impact they’ll have across the tech giant’s numerous businesses. With its stock price down 17% this year, Amazon is expected to report its slowest rate of revenue growth for any period since 2022, and that doesn’t reflect the levies announced in early April.

The tension got amped up early this week.

The White House on Tuesday criticized Amazon for reportedly planning to display on its site how much the new tariffs on top U.S. trading partners are driving up prices for consumers. After the story was published by Punchbowl News, Trump called Bezos to complain.

Amazon swiftly responded and said no such change was coming.

“This was never approved and is not going to happen,” Amazon wrote in a blog post that totaled 31 words.

President Trump frequently hurled insults at Bezos during his firm term in the White House, largely because of the Amazon founder’s ownership of the Washington Post. Bezos has recently gone out of his way to try and mend the relationship, traveling to Washington, D.C., for the inauguration in January.

The president said he was pleased with their latest phone call.

“Jeff Bezos was very nice,” Trump told reporters later on Tuesday. “He was terrific. He solved the problem very quickly and he did the right thing. He’s a good guy.”

Amazon clarified that it was only considering displaying the import fees on products sold on its discount storefront, Amazon Haul, which competes with ultra-cheap Chinese retailer Temu. Products on Haul cost $20 or less and many of them are sold direct from China using the de minimis trade exemption. That loophole is set to go away next month after Trump signed an executive order, making it more expensive to ship those products to the U.S.

The clash with Trump highlights the pressure Amazon is under to blunt the impact of Trump’s aggressive tariffs on Chinese imports, which total 145%. The company faces significant exposure to the tariffs, primarily through its retail unit. Amazon sources some products from China, while many sellers on its third-party marketplace rely on the world’s second-largest economy to make or assemble their products.

The topic of tariffs will hover over Amazon’s first-quarter earnings report. Investors will want to know how higher import costs could impact its margins, and whether uncertainty around the tariffs has caused shoppers to be more cautious with their spending.

For the quarter, Amazon is expected to report earnings per share of $1.37 and revenue of $155.04 billion, according to LSEG, which would represent annual growth of just over 8% and would be the slowest rate of expansion since the second quarter of 2022.

Amazon CEO Andy Jassy told CNBC earlier this month that the company hasn’t seen a drop-off in consumer demand. Amazon is “going to try and do everything we can” to keep prices low for shoppers, including renegotiating terms with some of its suppliers, Jassy said. But he acknowledged some third-party sellers will “need to pass that cost” of tariffs on to consumers.

Analysts at UBS said in a note to clients on Tuesday that at least 50% of items sold on Amazon are subject to Trump’s tariffs and could become more expensive as a result.

“Consumers therefore might have to make more difficult choices on where to allocate their dollars,” wrote the analysts, who have a buy rating on Amazon shares.

Amazon has reportedly pressured some of its suppliers to cut prices to shrink the impact of Trump’s tariffs, according to the Financial Times.

Some sellers have already raised prices and cut back on advertising spend as they contend with higher import costs. Others are looking to secure new suppliers in countries like Vietnam, Mexico and India, where tariffs are increasing under Trump, but are mild compared with the levies imposed on goods from China.

Temu and rival discount app Shein implemented price hikes on many items last week. Temu has since added “import charges” ranging between 130% and 150% on some products.

Wall Street will likely be focused on Amazon’s commentary surrounding business conditions going forward. The third quarter will include the results of Amazon’s Prime Day shopping event, typically held in July across two days. Amazon sellers previously told CNBC they may run fewer deals for this year’s Prime Day to conserve inventory or because they can’t afford to mark down products any further.

Bank of America analysts said in a note to clients this week that it sees the potential for Amazon to give a “wider guidance range” in its earnings report on Thursday, “though the impact may be bigger in the third quarter.”

Analysts at Oppenheimer said investors are “highly uncertain” as to the impact of tariffs on Amazon’s e-commerce business. The firm has an outperform rating on Amazon’s stock.

“We are assuming Q3 is the quarter most impacted as sellers should still have pre-tariff inventory through May and therefore don’t need to raise prices yet,” the analysts wrote.

Amazon didn’t provide a comment beyond its short statement on Tuesday.

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Lawyers for an Australian woman accused of fatally poisoning three family members with deadly mushrooms have told the jury their deaths were a “terrible accident.”

Erin Patterson is standing trial for the 2023 deaths of her mother-in-law Gail Patterson, father-in-law Donald Patterson and Gail’s sister Heather Wilkinson – who all died in hospital days after Patterson served them a meal that contained death cap mushrooms.

She is also charged with the attempted murder of Heather’s husband Ian Wilkinson, who was also at the lunch but survived.

Crown prosecutors allege Patterson deliberately served lethal mushrooms to kill her lunch guests; her defense counsel claims the deaths were a tragic accident.

During opening arguments on Wednesday, Patterson’s lawyers admitted that she initially lied to police when she said she hadn’t foraged for mushrooms and didn’t own a dehydrator. They said when she learned how ill her guests had become after eating her meal, she “panicked” and acted in ways that may seem suspicious.

The saga, which has gripped the nation for two years, began on a summer day in late July 2023 when Patterson hosted the four relatives of her estranged husband at her home, telling them she wanted to discuss a medical issue. Her ex-husband had also been invited but did not attend.

The court heard she told her guests she had cancer and asked them for advice on how she should break it to her two children. The prosecution alleges she did not have cancer, and had used the “medical issues” discussion to ensure the children would not be at the meal; the defense admitted she had lied about the diagnosis.

During the meal, Patterson served her guests individual beef wellingtons – a steak and pastry dish that incorporates mushrooms. Her guests fell ill hours later and were all admitted to hospital where doctors suspected mushroom poisoning, prompting a police investigation. Patterson was arrested and charged several months later.

Prosecutor Nanette Rogers SC alleged that Patterson served the guests death cap mushrooms – a highly poisonous variety of wild fungus – that she had picked herself.

Patterson herself had gone to the hospital, claiming to feel unwell after the meal – but her tests did not show severe illness, and she voluntarily discharged herself against doctors’ advice, prosecutors said.

Patterson had told police she didn’t own a dehydrator, but surveillance footage after the deaths showed her disposing of a unit at a local trash dump, which was later found to contain traces of death cap mushrooms, the court heard.

Patterson insists she is innocent. Her defense lawyers told the jury they don’t dispute that the guests died from her meal – but argued she had not intentionally poisoned them.

“The defense case is that Erin Patterson did not deliberately serve poisoned food to her guests at that lunch on the 29th of July, 2023,” said defense lawyer Colin Mandy SC.

“She didn’t intend to cause anyone any harm on that day. The defense case is that what happened was a tragedy, a terrible accident.”

Mandy admitted that Patterson had lied about the dehydrator and about foraging for mushrooms, saying she had simply panicked in the moment.

“The defense case is that she panicked because she was overwhelmed by the fact that these four people had become so ill because of the food that she’d served to (them),” Mandy said. “Three people died because of the food that Erin Patterson served that day. So you’ll need to think about this issue – how Erin Patterson felt about that in the days that followed.”

Patterson has pleaded not guilty to all charges. The case is expected to continue for up to six weeks.

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Sitting inside her fly-infested tent in Gaza City, Iman Rajab sifts clumps of flour through a sieve, over and over again.

She found the half-bag of flour in a garbage dumpster. It is crawling with pests and shows clear signs of contamination. But it’s still Rajab’s best hope for keeping her six children fed and alive. So she sifts the flour once more to make bread.

“My kids are vomiting after they eat it. It smells horrible,” Rajab says of the bread it produces. “But what else can I do? What will I feed my children if not this?”

She is one of hundreds of thousands of parents in Gaza struggling to feed their children as the war-torn Palestinian enclave barrels towards full-blown and entirely man-made famine.

For nearly two months, Israel has carried out a total siege of Gaza, refusing to allow in a single truck of humanitarian aid or commercial goods – the longest period Israel has imposed such a total blockade.

Israel says it cut off the entry of humanitarian aid to pressure Hamas to release hostages. But international organizations say its actions violate international law, with some accusing Israel of using starvation as a weapon of war – a war crime.

Cases of acute child malnutrition are also rapidly rising, one of the telltale signs of impending famine. Nearly 3,700 children were diagnosed last month, an 82% increase from February, according to the United Nations.

Five-year-old Usama al-Raqab has already lost 8 lbs in the last month, now weighing just 20 lbs, according to his mother. According to the World Health Organization, the median weight for a healthy 5-year-old boy is about 40 lbs.

He has several pre-existing medical conditions – including a pancreatic disorder and respiratory issues – which require a diet rich in fats and proteins to stay healthy. Those foods have become almost completely unavailable as Israel’s siege approaches its third month.

Usama’s skin now sticks to his bones, and his mother says he can barely walk.

“I have to carry him everywhere. He can only manage to walk from the tent to the bathroom and nothing more,” she says.

When his mother takes off his clothes to bathe him, he winces in pain. Every movement is painful in his condition.

Food deliveries blocked just outside of Gaza

The aid organizations that were once the answer to a food crisis that has roiled Gaza for much of this nearly 19-month-long war are now also out of answers.

Standing in an empty warehouse, the WFP’s emergency coordinator in Gaza Yasmin Maydhane said the organization’s supplies have been “depleted.”

“We are in a position now where over 400,000 people that were receiving assistance from our hot meal kitchens – which is the last lifeline for the population – is in itself grinding to a halt,” she said.

If Israel would only open the gates to Gaza, the WFP says it is ready to surge enough aid into Gaza to feed the entire population for up to two months. UNRWA, the main UN agency supporting Palestinians, said it has nearly 3,000 trucks filled with aid waiting to cross into Gaza. Both need Israel to lift its blockade to get that aid in.

As conditions in Gaza spiral, Israel has offered no indication so far that it is planning any action to avert all-out famine.

Israel’s European allies – including France, Germany and the United Kingdom –have issued increasingly urgent calls for it to allow the entry of humanitarian aid – with one notable exception. Unlike last year, when former US President Joe Biden’s administration pressured Israel repeatedly to facilitate the entry of more aid into Gaza, President Donald Trump’s administration is backing Israel’s blockade.

The White House’s National Security Council has issued statements supportive of Israel’s control of the flow of humanitarian aid as a bargaining chip to compel Hamas to release more hostages. And last week, the newly appointed US ambassador to Israel rejected appeals from humanitarian officials to pressure Israel to open the crossings.

“What I would like to suggest is that we work together on putting the pressure where it really belongs: on Hamas,” Ambassador Mike Huckabee said, calling on Hamas to agree to another hostage release deal. “When that happens and hostages are released, which is an urgent matter for all of us, then we hope that that humanitarian aid will flow and flow freely.”

But Gaza’s starving civilians are running out of time.

At a soup kitchen in al-Nuseirat in central Gaza last Friday, hundreds of Palestinians waited in line in the scorching sun for the only meal most of them will eat that day.

Sitting on the ground, an elderly woman named Aisha shields her head from the sun with the pot she hopes will be filled with food. She feels sick – her head feels like it is melting, she says.

“We are starving, tired, and weary of this life,” Aisha says, her voice weak with fatigue. “There is no food, no nothing. Death is easier than this life.”

Young and the old crowd towards the front of the line, pots and bowls raised high. The one meal a day from this charitable association has become their only lifeline – but the exhausting routine of hours spent standing in line for meager sustenance is pushing him and many others to the brink.

“This pot – how can it feed eight people?” Abu Subhi Hararah shouts, unable to contain his frustration. “Who should I feed – my wife, my son, or the elderly?

“Our children are dying from war, from bombings at schools, tents and homes,” he cries. “Have mercy on us. We are searching for a morsel of food.”

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A minerals deal between Ukraine and the United States could finally be signed as early as Wednesday after weeks of intense negotiations that at times turned bitter and temporarily derailed Washington’s aid to Ukraine.

Ukrainian Prime Minister Denys Shmyhal told Ukrainian television that the country’s economy minister Yulia Svyrydenko was on her way to Washington.

“We are finalising the last details with our American colleagues. As soon as all the final details have been finalised, I hope that the agreement will be signed in the near future, within the next 24 hours,” Shmyhal told the Ukrainian Telemarathon.

The US and Ukraine have been trying to hammer out the natural resources agreement that would give Washington access to Kyiv’s untapped mineral riches in exchange for investment since US President Donald Trump returned to the White House in January.

Ukraine’s President Volodymyr Zelensky was expected to strike the deal during his trip to Washington in February – but the agreement was left unsigned when that visit was cut short following the contentious Oval Office meeting.

Among the key sticking point of the negotiations was the question of security guarantees – and whether the US would provide them as part of the deal. Trump initially refused that, saying he wants Ukraine to sign the agrrement first and talk about guarantees later.

At that time, Zelensky described the draft agreement as asking him to “sell” his country. Ukrainian officials have since indicated they believed that US investment and the presence of American companies in Ukraine will make the US more interested in Ukraine’s security.

Shortly after the doomed White House visit, Trump ordered US aid to Ukraine to be suspended. While the assistance has since been restored, the episode became a major wakeup call for Ukraine’s European allies, who have pledged to step up their help to the country.

Trump has largely billed the agreement as Ukraine “paying back” for the aid the US has provided to Ukraine since Russia launched its unprovoked full-scale invasion of the country in February 2022.

The details of the agreement have not been made public. However, Shmyhal said on Sunday that the deal “will not include assistance provided before its signing.”

Speaking on Wednesday, Shmyhal described the deal was “a strategic agreement on the establishment of an investment partnership fund.”

“It is truly an equal and beneficial international agreement on joint investments in the development and recovery of Ukraine between the US and Ukrainian governments,” he added on Wednesday.

Under the deal, the US and Ukraine will create a joint investment fund in Ukraine with an equal contributions from both and equal distribution of management shares between them, Shmyhal said.

“The American side may also count new, I emphasise new, military aid to Ukraine as a contribution to this fund,” Shmyhal said.

The news of the deal being signed as early as Wednesday was first reported by Bloomberg and the Financial Times.

Mineral riches

Kyiv’s allies have long eyed the country’s mineral riches. Ukraine has deposits of 22 of the 50 materials classed as critical by the US Geological Survey.

These include rare earth minerals and other materials that are critical to the production of electronics, clean energy technologies and some weapon systems.

The global production of rare earth minerals and other strategically important materials has long been dominated by China, leaving Western countries desperate for other alternative sources – including Ukraine.

A memorandum of understanding prepared under the Biden administration last year said the US would promote investment opportunities in Ukraine’s mining projects to American companies in exchange for Kyiv creating economic incentives and implementing good business and environmental practices.

Ukraine already has a similar agreement with the European Union, signed in 2021.

This is a developing story.

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Wildfires raging near Jerusalem forced evacuations in several areas and led to several major road closures on Wednesday, as firefighters struggle to contain the flames amid dry conditions and high winds.

Israel is seeking international assistance to fight the fires, as the defense minister says the country is “in a time of national emergency.”

The fire forced authorities to close Route 1, the major road connecting Tel Aviv and Jerusalem on Wednesday – Israel’s Memorial Day.

Videos from social media show people walking along the highway with thick smoke filling the air.

The fire is active on multiple fronts, authorities said, with one area concentrated around the town of Neve Shalom, located about 15 miles west of Jerusalem. In one clip, the flames can been seen next to the road along a packed section of highway.

At least six communities in the area have been evacuated, authorities said. Israel has asked for international assistance to fight the fire.

“We are in a time of national emergency, and all available forces must be mobilized to save lives and bring the fires under control,” said Defense Minister Israel Katz Wednesday.

There are about 120 teams fighting the fire, Israel’s Fire and Rescue Services said, as well as 12 firefighting aircraft and helicopters.

So far, seven people have arrived at Shamir Medical Center’s emergency room as a result of the fire, according to the hospital. One is in moderate condition, while the rest are in mild condition.

The fire is in approximately the same location as a similar blaze last week.

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