Amazon Delivers Strongest Growth in Five Years as AWS Breaks Out

Key Facts

1Amazon reported its strongest growth in five years in its second quarter. Amazon Web Services delivered breakout results.

With markets still assessing Amazon's performance since Jeff Bezos stepped down as CEO five years ago, the company reported its strongest quarterly growth in five years for Q2 2026. According to reports, Amazon Web Services delivered breakout results that lifted overall performance. Shares rose 15.3% on July 31.

Amazon closed at 271.58 on July 31 2026 per market data after trading between a daily high of 273.23 and low of 262.01. The results point to a potential shift for a stock that has lagged the S&P 500 since Bezos departed.

Investors will monitor whether the strong showing marks a sustained recovery amid ongoing competition in cloud computing.