New York, Jan 22, 2026, 16:27 ET — After-hours
- AMZN rose roughly 1.3% to $234.34 in late Thursday trading
- Amazon has set its fourth-quarter 2025 earnings call for Feb. 5
- Traders are focused on tariff news and the Fed meeting scheduled for next week
Amazon.com, Inc. (AMZN) shares rose roughly 1.3% to $234.34 in after-hours trading Thursday, following the announcement that its next earnings report is scheduled for Feb. 5. Note that after-hours trading occurs after the 4 p.m. ET market close.
The date matters as big tech earnings flood the calendar, with Amazon’s report coming up as a key gauge of U.S. consumer demand and corporate cloud spending. Investors have been reacting to headlines just as much as to the numbers themselves.
The backdrop remains volatile. Tariffs and geopolitical shifts have sent the broader market on sharp moves, while rate expectations continue to weigh on the megacap trade.
Amazon announced it will host a conference call on Thursday, Feb. 5 at 2 p.m. PT (5 p.m. ET) to review its fourth-quarter 2025 financial results. The company plans to webcast the event and make related materials available on its investor relations website.
U.S. stocks climbed for a second day in a row as investors breathed a sigh of relief after President Donald Trump backed off tariff threats related to Greenland. New economic data also supported hopes for a “soft landing.” Gregg Abella, CEO of Investment Partners Asset Management, summed it up: “It’s very weird … you do not know whether it is Christmas morning or Friday the 13th.” Reuters
Commerce Department data revealed a 0.5% jump in consumer spending for November. The Personal Consumption Expenditures (PCE) price index, the Fed’s key inflation measure, climbed 2.8% over the year ending in November. Core PCE, excluding food and energy, matched that 2.8% increase.
Tariffs are beginning to impact prices on Amazon, CEO Andy Jassy told CNBC this week from Davos. “We’re starting to see some of the tariffs creep into some prices,” he said, noting that sellers are divided—some are passing the costs onto customers, while others are absorbing them. Reuters
Rick Meckler, partner at Cherry Lane Investments, described Thursday’s move as “more a relief rally” following Trump’s retreat from the harshest Greenland threats. He noted the larger issue — how the U.S. will navigate trade relations — remains unsettled. Reuters
But that calm could shatter fast. If tariff costs hit harder than expected or consumers cut back on discretionary spending, it might force companies to revise their guidance and prompt a fresh look at growth forecasts.
Coming next: the Fed’s meeting on Jan. 27–28, followed by Amazon’s earnings call on Feb. 5. Investors will focus on any clear signals about pricing pressure, demand trends, and cloud spending.
