{"id":570081,"date":"2026-08-01T09:35:23","date_gmt":"2026-08-01T09:35:23","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/570081\/"},"modified":"2026-08-01T09:35:23","modified_gmt":"2026-08-01T09:35:23","slug":"jeff-bezos-stepped-down-as-amazon-ceo-5-years-ago-and-the-stock-has-lagged-the-sp-500-since-could-amazons-15-3-gain-on-july-31-mark-a-turning-point","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/570081\/","title":{"rendered":"Jeff Bezos Stepped Down as Amazon CEO 5 Years Ago, and the Stock Has Lagged the S&P 500 Since. Could Amazon’s 15.3% Gain on July 31 Mark a Turning Point?"},"content":{"rendered":"

Few companies are as closely associated with their founder as Amazon (AMZN<\/a> +15.32%) is with Jeff Bezos.<\/p>\n

Bezos<\/a> left a lasting imprint on the company, focusing on long-term thinking, customer satisfaction, and a “Day One” mentality. He stepped down as CEO in 2021 when the stock was around an all-time high during the pandemic, leaving Andy Jassy, the head of Amazon Web Services, to take the reins.<\/p>\n

While the company has continued to grow since then and delivered solid results, the stock has slumped, underperforming the S&P 500 as the chart below shows.<\/p>\n

\"AMZN<\/a><\/p>\n

AMZN Total Return Level<\/a> data by YCharts<\/a><\/p>\n

The stock fell sharply during the 2022 bear market and has struggled to regain ground since then, as its valuation has compressed and its growth rate has moderated.<\/p>\n

However, Amazon just turned in its biggest gain in more than a decade, as the stock jumped 15.3% on Friday on the back of a breakout earnings report that included its fastest revenue growth in five years.<\/p>\n

Revenue jumped 20% to $167.7 billion, but the biggest highlight may have been Amazon Web Services, the company’s cloud computing business, which reported revenue up 37% to $42.2 billion, its fastest rate in 18 quarters. That helped reassure investors who may have been nervous about the company’s plans to spend $220 billion in capital expenditures this year.<\/p>\n

Bottom-line results were also strong, with operating income up 43% to $27.5 billion.<\/p>\n

\"Jeff<\/p>\n

Image source: Amazon.<\/p>\n

One reason for investors to pause<\/p>\n

Amazon’s Prime Day shifted from July to June this year, temporarily inflating revenue and adding approximately 500 basis points to its total growth.<\/p>\n

In other words, the 20% growth rate is likely not sustainable, and the company guided to revenue growth of just 9%-12% in the third quarter.<\/p>\n

However, the shift in Prime Day wouldn’t affect AWS, which is now the primary source of its operating profit.<\/p>\n

\"Amazon<\/p>\n

Today’s Change<\/p>\n

(15.32%) $36.08<\/p>\n

Current Price<\/p>\n

$271.58<\/p>\n

Key Data Points<\/p>\n

Market Cap<\/p>\n

$2.9TMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.<\/p>\n

Day’s Range<\/p>\n

$262.01 – $273.23<\/p>\n

52wk Range<\/p>\n

$196.00 – $278.56<\/p>\n

Volume<\/p>\n

129.1M<\/p>\n

Avg Vol<\/p>\n

49.5M<\/p>\n

Gross Margin<\/p>\n

50.77%<\/p>\n

Is Amazon a buy?<\/p>\n

Amazon does seem to be hitting an inflection point in some ways. It exceeded a $25 billion annual revenue run rate in both AWS’s AI and chips businesses, and both grew in the triple digits year-over-year.<\/p>\n

Additionally, the company’s investments in grocery and faster delivery also seem to be paying off.<\/p>\n

After a 15% pop and a boom in its cloud business, things are suddenly looking different<\/a> for Amazon. The stock looks like a good long-term buy as it could finally narrow the gap with the S&P 500. <\/p>\n","protected":false},"excerpt":{"rendered":"Few companies are as closely associated with their founder as Amazon (AMZN +15.32%) is with Jeff Bezos. Bezos…\n","protected":false},"author":2,"featured_media":570082,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[114,85,46],"class_list":["post-570081","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/570081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=570081"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/570081\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/570082"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=570081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=570081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=570081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}