New York, Jan 21, 2026, 16:32 EST \u2014 After-hours<\/p>\n
Amazon shares trimmed earlier declines following CEO Andy Jassy\u2019s comments on tariff-related price pressures<\/p>\n
Tariff news has sent the stock price swinging erratically this week<\/p>\n
All eyes shift to Amazon\u2019s earnings report due Feb. 5<\/p>\n
Amazon.com shares closed almost flat Wednesday, bouncing back from an early dip. Investors digested CEO Andy Jassy\u2019s caution that tariffs are beginning to push up prices across the company\u2019s e-commerce platform. (CNA<\/a>)<\/p>\n The remarks carry weight since Amazon operates near the consumer\u2019s spending power, where even minor price changes can unsettle demand and influence sellers. They come at a time when tariff policy has turned into the market\u2019s key wildcard this week, sparking sharp moves in mega-cap tech stocks.<\/p>\n Amazon ended the day barely changed, down 0.03% to $230.94, after dipping as much as 2.7% during the session. It later edged up roughly 0.1% in after-hours trading, reaching $231.31. The stock had dropped 3.4% on Tuesday. (StockAnalysis<\/a>)<\/p>\n Speaking to CNBC at the World Economic Forum in Davos, Jassy said Amazon is noticing product prices creeping up as sellers deal with cost pressures from U.S. President Donald Trump\u2019s tariffs. He noted that both Amazon and merchants accelerated inventory shipments early last year, but added, \u201cthat supply has run out in the fall.\u201d (CNA<\/a>)<\/p>\n \u201c(We\u2019re starting) to see some of the tariffs creep into some prices,\u201d Jassy said. He noted that some sellers are passing on the costs, others are absorbing them, and some are splitting the difference. (CNA<\/a>)<\/p>\n He noted that shoppers remain \u201clargely resilient,\u201d though they\u2019re showing \u201ca little bit more hesitation\u201d when it comes to pricier discretionary items. (CNA<\/a>)<\/p>\n Tariff talk has dominated the market mood. On Tuesday, a Reuters global markets report highlighted a widespread selloff following Trump\u2019s Greenland threats, which rattled investors. (Reuters<\/a>)<\/p>\n On Wednesday, markets calmed as Trump announced the U.S. had struck a framework deal on Greenland and that the tariffs set to begin Feb. 1 would be put on hold, according to an Investing<\/a> report.<\/p>\n Traders noted the road from headline numbers to actual policy is rarely straightforward. Retailers and consumer brands risk weaker demand if prices stay elevated. Sharp policy shifts can throw inventories out of sync and complicate promotions.<\/p>\n Amazon faces a risk that additional tariff shocks will drive more sellers to hike prices right when shoppers are tightening their belts, which could slash sales or force deeper discounts. Another wildcard is timing: policy shifts can happen overnight, and the market has been pricing in that volatility.<\/p>\n Amazon is slated to release its earnings on Feb. 5, per Yahoo Finance\u2019s earnings calendar. Investors will be focused on updates regarding demand trends, pricing strategies, and forecasts for 2026. (Yahoo<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"New York, Jan 21, 2026, 16:32 EST \u2014 After-hours Amazon shares trimmed earlier declines following CEO Andy Jassy\u2019s…\n","protected":false},"author":2,"featured_media":245950,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":{"0":"post-245949","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-new-zealand","11":"tag-newzealand","12":"tag-nz"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/245949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=245949"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/245949\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/245950"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=245949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=245949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=245949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}