Tariff refunds boost quarterly earnings for some of biggest US companies

Several major US companies, including Nintendo, Amazon, and Apple, are experiencing a boost in quarterly earnings due to tariff refunds. Amazon reported receiving $600 million, while Apple noted an increase of $0.11 in diluted earnings per share. This trend follows the Supreme Court striking down tariffs, resulting in $100 billion returned. Meanwhile, Senator Elizabeth Warren is urging these corporations to share the windfall by returning the refunded money directly to their customers.