Amazon's market capitalization has increased by 50% to $2.7 trillion under CEO Jassy's leadership, with AWS being the primary growth engine, according to analysis.
The article points out that since Andy Jassy took over as Amazon's CEO, the company's market capitalization has grown by 50% to $2.7 trillion. Amazon Web Services (AWS) has been a primary growth driver, with sales increasing by 36.8% year-over-year to $42.2 billion in Q2 2026, and operating profit rising by 63.6% to $16.6 billion, accounting for 60.5% of Amazon's total operating profit. AWS holds a 28% share of the cloud market, leading Microsoft Azure and Google Cloud. To meet cloud computing demand, Amazon plans to increase capital expenditures to $220 billion in 2026. Amazon's current price-to-earnings ratio has fallen to 20, below its historical average and the S&P 500 index, with analysts believing its stock is poised for long-term growth.
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