Amazon stock ends flat after Jassy warns tariffs are creeping into prices
Amazon shares closed nearly unchanged at $230.94 Wednesday after CEO Andy Jassy warned tariffs are starting to lift prices on the platform. The stock recovered from a 2.7% drop earlier in the session and rose to $231.31 after hours. Jassy said some sellers are passing on tariff costs, while others absorb them. Investors await Amazon’s earnings report on Feb. 5.