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Stockreport

Amazon sellers raise prices after Trump's China tariff: ‘It's unsustainable' [CNBC]

Amazon.com, Inc. (AMZN)  More Company Research Source: CNBC
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
About 25% of price increases in recent weeks have come from sellers based in China, according to SmartScout data. Many U.S.-based sellers are looking for new suppliers in countries like Vietnam, Mexico and India. An Amazon employee works to fulfill same-day orders during Cyber Monday, one of the company's busiest days at an Amazon fulfillment center on December 2, 2024 in Orlando, Florida. For 10 years, Aaron Cordovez has been selling kitchen appliances on . Now he's in a bind, because most of his products are manufactured in China. Cordovez, co-founder of Zulay Kitchen, said his company is moving “as fast as we can” to move production to India, Mexico and other markets, where tariffs are increasing under , but are mild compared with the levies imposed on goods from China. That process will likely take at least a year or two to complete, he said. “We're making our inventory last as long as we can,” Cordovez said in an email. Zulay is also temporarily raising the price of [Read more]
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Stockreport

Amazon sellers raise prices after Trump's China tariff: ‘It's unsustainable' [CNBC]

Amazon.com, Inc.  (AMZN) 
More Company Research Source: CNBC
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
About 25% of price increases in recent weeks have come from sellers based in China, according to SmartScout data. Many U.S.-based sellers are looking for new suppliers in countries like Vietnam, Mexico and India. An Amazon employee works to fulfill same-day orders during Cyber Monday, one of the company's busiest days at an Amazon fulfillment center on December 2, 2024 in Orlando, Florida. For 10 years, Aaron Cordovez has been selling kitchen appliances on . Now he's in a bind, because most of his products are manufactured in China. Cordovez, co-founder of Zulay Kitchen, said his company is moving “as fast as we can” to move production to India, Mexico and other markets, where tariffs are increasing under , but are mild compared with the levies imposed on goods from China. That process will likely take at least a year or two to complete, he said. “We're making our inventory last as long as we can,” Cordovez said in an email. Zulay is also temporarily raising the price of [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