The cost of an Amazon Prime membership could potentially rise next year and be a boon for the e-commerce giant's net sales, according to J.P.Morgan analyst Doug Anmuth.

That means your local sales tax rate — ranging from under 5% in some states to close to 10% or more in parts of Alabama and Louisiana — applies to many Prime Day purchases. For example, if you grab a $500 laptop online and live in a place with a 9.5% sales tax, you could pay an extra $47.50 at checkout.

U.S. consumers spent $7.9 billion at online stores on Tuesday, a 9.9% increase from the comparable day last year.

Amazon stock is flashing buy signals despite an expected Prime membership price hike. Here’s why analysts say AMZN remains a smart long-term investment.

A price increase for Amazon Prime was announced during Amazon's Q1 earnings report.The price change will go into effect on Feb. 18, 2022, and for current Prime members, the new price will apply ...

Amazon Prime has been going strong for 20 years despite price hikes, leaving shoppers threatening to delete their accounts. Customers were furious in 2018 once the company raised its monthly plan ...