Jeff Bezos Is $24 Billion Richer As Amazon Shares Hit Record

Amazon stock hits record, lights up ETFs

Amazon shares touched a record high Friday, rising over 9%, after strong quarterly results that were driven by its growing cloud business – AWS—which saw double-digit jump in sales to $30 billion. "AWS is growing at a pace we haven't seen since 2022, re-accelerating to 20.2% year-over-year, our largest growth rate in 11 quarters," CEO Andy Jassy told investors. He was even more bullish on future growth. "Backlog grew to $200 billion by Q3 quarte…

Jeff Bezos Is $24 Billion Richer As Amazon Shares Hit Record

Amazon reported earnings and revenues that surpassed Wall Street’s expectations.

Amazon Stock Skyrockets to Record High: AWS Comeback, AI Ambitions, and What’s Next for AMZN

Current Stock Price & Recent Performance Amazon’s stock has staged an impressive comeback in late 2025. Prior to the recent surge, AMZN had been a notable laggard among the “Magnificent Seven” mega-cap tech stocks. As of mid-October, the stock was up only ~4% for the year, vastly underperforming the Nasdaq’s ~15% gain and trailing peers like Microsoft, Apple, and Google. CNBC’s Jim Cramer even labeled Amazon the worst performer of that elite gro…

Financial News Network - Amazon stock hits record, lights up ETFs

Amazon's cloud business knocked it out of the park and CEO Andy Jassy hinted that the unit is gaining momentum heading into the next few months giving him 'significant confidence' he said.Read More …