Impressive Earnings Report Drives Amazon’s Stock SurgeAmazon’s shares shot up by nearly $13 to just over $141 Friday morning, reaching their highest point since August 18 of last year. The surge in stock price comes after the release of an impressive second-quarter earnings report on Thursday. Jeff Bezos’ Net Worth Surges Amid Amazon’s SuccessWith Amazon‘s continued growth, founder and executive chairman, Jeff Bezos, has witnessed a significant increase in his net worth. Key TakeawayAmazon’s shares surged nearly 10% following an impressive second-quarter earnings report that exceeded analysts’ expectations. Amazon’s stock surged nearly 10% following the release of the earnings report.

Source: Forbes August 05, 2023 02:49 UTC