Amazon is adding a 3.5% surcharge to some orders, it told sellers. The surcharge is meant to offset higher costs from "fuel and logistics," the e-commerce giant said.
With the war in Iran now in its fifth week, Amazon is adding a 3.5% fuel and logistics surcharge for third-party sellers in the U.S. and Canada. The surcharge takes effect April 17, according to a notice to sellers.
Amazon (NASDAQ:AMZN | AMZN Price Prediction) just picked up a fresh vote of confidence from Wells Fargo, which raised its price target to $305 from $304 while maintaining an Overweight rating and naming Amazon its top Internet pick for 2026.
In the closing of the recent trading day, Amazon (AMZN) stood at $210.57, denoting a +1.1% move from the preceding trading day.
Amazon's cloud computing operation in Bahrain was damaged after an Iranian strike, the Financial Times reported on Wednesday, citing a person familiar with the matter.
Bill Ackman landed his latest buy call with exceptional timing, with stocks gaining close to 3% in a session, just one day after he told the startled public that it's one of the best times to buy quality stocks.
Amazon.com and Cathie Wood's ARK Invest were among the backers for OpenAI's $122 billion funding round.
Amazon has reached a settlement with the National Labor Relations Board in response to charges filed by the Teamsters and some employees alleging it retaliated against striking workers. The Teamsters alleged Amazon illegally docked employees' unpaid time off after they walked off the job.
AMZN's advertising momentum strengthens with Prime Video expansion and robust demand, but rising competition and macro risks could test Amazon's upside.
GOOGL, MSFT, AMZN and IBM are indispensable to any investment portfolio focusing on cloud computing stocks.
Amazon has inked an agreement with Delta to bring faster Wi-Fi to the airline's flights. The partnership, announced Tuesday (March 31), will see Amazon install its Leo satellite technology on hundreds of Delta Air Lines planes, with an initial launch of 500 aircrafts starting in 2028.
Delta says it has signed an agreement with Amazon's Leo for in-flight Wi-Fi starting in 2028. The service will initially be available on 500 aircraft.