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Stockreport

Amazon CEO: Prices have gone up from tariffs [CNN]

Amazon.com, Inc. (AMZN)  More Company Research Source: CNN
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Like many retailers, Amazon and its vast network of third-party sellers loaded up on inventory ahead of Trump's tariff rollout last spring. But that supply ran out by the fall, Jassy said in a CNBC interview on the sidelines of the World Economic Forum in Davos, Switzerland. “So you start to see some of the tariffs creep into some of the prices, some of the items,” he said. “Some sellers are deciding that they're passing on those higher costs to consumers in the form of higher prices, some are deciding that they'll absorb it to drive demand and some are doing something in between.” The comments are a stark shift from last June, when Jassy said in a CNBC interview that the company had not seen “prices appreciably go up.” That was after Amazon drew the direct ire of Trump and members of his administration following reports that the e-commerce giant planned to display how tariffs were impacting prices. After Trump spoke with Amazon founder Jeff Bezos at the time, a company spokesp [Read more]
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Stockreport

Amazon CEO: Prices have gone up from tariffs [CNN]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: CNN
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Like many retailers, Amazon and its vast network of third-party sellers loaded up on inventory ahead of Trump's tariff rollout last spring. But that supply ran out by the fall, Jassy said in a CNBC interview on the sidelines of the World Economic Forum in Davos, Switzerland. “So you start to see some of the tariffs creep into some of the prices, some of the items,” he said. “Some sellers are deciding that they're passing on those higher costs to consumers in the form of higher prices, some are deciding that they'll absorb it to drive demand and some are doing something in between.” The comments are a stark shift from last June, when Jassy said in a CNBC interview that the company had not seen “prices appreciably go up.” That was after Amazon drew the direct ire of Trump and members of his administration following reports that the e-commerce giant planned to display how tariffs were impacting prices. After Trump spoke with Amazon founder Jeff Bezos at the time, a company spokesp [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS