Amazon Web Services (AWS), which he has run since its founding, has been losing market share to Microsoft (NASDAQ: MSFT) and Alphabet (NASDAQ: GOOG, NASDAQ: GOOGL). Bezos’ old team is leaving and Jassy must build his own.Īmazon is facing a threat close to Jassy’s heart. Amazon is finally getting a new CEO this July: Andy Jassy.
A capital gain is just one of them.Ī more important reason might be to teach about corporate evolution. There are many reasons to like Amazon stock.
