Shares of Amazon.com (AMZN +2.02%) climbed on Wednesday, following several positive developments.
Image source: The Motley Fool.
Energy prices pulled back
The U.S. and Iran agreed to a two-week ceasefire that will reportedly allow shipping through the Strait of Hormuz to resume. Roughly 20% of global oil and natural gas shipments flow through this vital waterway. Energy prices declined on the news as concerns about long-term supply disruptions eased.
Today’s Change
(2.02%) $4.73
Current Price
$238.38
Key Data Points
Market Cap
$2.6T
Day’s Range
$235.21 – $240.43
52wk Range
$165.28 – $258.60
Volume
57M
Avg Vol
51M
Gross Margin
50.29%
Energy is a key input to Amazon’s cost structure. Although the e-commerce giant is investing aggressively in electric vehicles (EVs), gasoline-powered vans and compressed natural gas (CNG)-fueled trucks still comprise a significant portion of its delivery fleet. These fuel prices thus have a direct impact on Amazon’s shipping costs. When they fall, the online…
https://www.fool.com/investing/2026/04/08/why-amazon-stock-jumped-today/
