Amazon Web Services is experiencing a notable inflection in revenue growth as enterprises rapidly scale their artificial intelligence workloads. Management expects to deploy a staggering $200 billion capital expenditures budget this year.
These stocks have repeatedly proven their ability to survive challenges.
The new surcharge will be added to fees paid by third-party sellers in the US and Canada.
The satellite-powered telecom could be an acquisition target.
Sellers using Amazon's shipping services will be required to pay a fuel and logistics-related surcharge, the company said in a Thursday (April 2) post on Amazon Seller Central. The surcharge will amount to 3.5% and will be calculated on each seller's fulfillment fees, not on the sale price of their items, according to the post.
The war in Iran has hammered global oil markets, with gas prices in the U.S. spiking significantly. Amid the rise in transportation costs, Amazon has instituted a new 3.5% fuel surcharge for sellers that use its distribution network.
The e-commerce giant is the latest company to impose the temporary fees as the Iran war drives up energy prices.
Amazon is reportedly pursuing a deal to acquire satellite telecom company Globalstar. Amazon's own efforts to launch a satellite system have faced challenges, and it risks missing an important regulatory deadline.
CNBC's MacKenzie Sigalos on a report that Amazon is in talks to buy Globalstar in a deal valued at about $9 billion, a move that could strengthen its satellite internet ambitions.