Amazon Stock Climbs After Trump Tariff Ruling. These E-Commerce Stocks Are Up Too.

CoffeeNFTs · 2026-02-20T16:31:39+00:00

Amazon's stock rose 2.6% after the U.S. Supreme Court struck down several tariffs imposed by Trump, positively impacting other e-commerce companies like eBay and Etsy. CEO Jassy noted tariff concerns affecting prices.

CoffeeNFTs

2026-02-20 16:31:39

Abstract generation in progress

Amazon (AMZN) stock rose Friday on news that the U.S. Supreme Court has struck down a significant number of the tariffs imposed by President Donald Trump. Other e-commerce stocks like eBay (EBAY), Etsy (ETSY) and Wayfair (W) moved higher as well.

While the main focus for investors is on Amazon’s cloud business and its AI push, tariff concerns weighed on the stock for much of last year. Amazon Chief Executive Andy Jassy warned in a recent TV interview that tariffs are starting to “creep into” prices.

				    ↑
					X

This video file cannot be played.(Error Code: 102630)

								From AI Titans To Retail Giants: Decoding Nvidia, TJX And Medline Earnings
							

							

								See All Videos
							

						

					
					
						NOW PLAYING
						From AI Titans To Retail Giants: Decoding Nvidia, TJX And Medline Earnings

The Supreme Court ruled Friday that the International Emergency Economic Powers Act previously cited by Trump for many of his import fees “does not authorize the President to impose tariffs.”

On the stock market today, Amazon stock is ahead 2.6% at 210.17 in recent trading. Shares were trading flat before the ruling, which came just after 10 a.m. Eastern time.

Etsy stock is up 3.5% at 49.83 in recent trades while eBay stock added 3% to 87.31. Wayfair stock gained 4% to 82.89.

U.S. shares of PDD Holdings (PDD), the Chinese e-commerce giant that owns Temu, were up 2.8% at 104.96 in recent trades.

This is breaking news and will be updated.

YOU MAY ALSO LIKE:

Huge AI Jobs Disruption Is Coming. What It Means For The S&P 500 And You.

Get Timely Buy & Sell Alerts With IBD Leaderboard

IBD Live: Learn And Analyze Growth Stocks With The Pros

EBay Strikes $1.2 Billion Deal To Buy Depop From Etsy. Both E-Commerce Stocks Are Rallying.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.