Amazon, founded by Jeff Bezos, announced a Prime membership price increase due to "expanded" online shopping and Prime Video benefits.

A federal judge dismissed the claims last month, effectively ruling that Amazon's agreement with Prime subscribers allowed the company to charge more for ad-free videos.

Amazon is scheduled to report second-quarter earnings after the market closes on Thursday, with analysts overwhelmingly ...

Amazon's 2Q25 beat estimates, up 13% to $167.7 billion. Online store and third-party services grew 11% each and memberships, advertising, AWS rose double digits.

The Prime price hike wasn't the only major news in the report. The company's profits also doubled during the December-end quarter, to $14.3 billion, blowing past Wall Street analyst expectations.