Bezos Sells $4 Billion In Amazon Stock As It Hits $3 Trillion For First Time. Cramer Calls It A “Buzzkill.”

3 weeks ago 19

AJ Tiarsmith

Tue, August 4, 2026 astatine 6:13 AM CDT 4 min read

Quick Read

  • AMZN crossed $3 trillion marketplace headdress for the archetypal clip arsenic AWS grew 37% to $42 billion, its fastest gait successful 18 quarters.

  • Bezos's $4 cardinal merchantability was pre-scheduled successful November 2025, making the $3 trillion timing purely coincidental alternatively than a bearish signal.

  • Amazon's $5.75 EPS crushed the $1.82 estimate, but astir $53 cardinal of nett income came from a non-cash Anthropic mark-to-market gain.

  • Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and Amazon didn't marque the cut. Grab the names FREE today.

Amazon crossed $3 trillion successful marketplace capitalization for the archetypal clip connected Monday, capping a blowout net week. Within the aforesaid quality cycle, laminitis Jeff Bezos filed to merchantability astir $4 cardinal of his ain shares nether a pre-scheduled trading plan, and CNBC's Jim Cramer summed up the optics connected X: "Cant begrudge Bezos for selling $4 cardinal shares…but what a buzzkill."

A close-up, head-and-shoulders representation    of Jeff Bezos, a bald antheral   with a subtle smile, looking somewhat  to his right. He is wearing a bluish  collared garment  nether  a acheronian  jacket. The inheritance  is simply a soft, acheronian  blur.

David Ryder / Getty Images

The $3 Trillion Moment

Amazon (NASDAQ:AMZN) closed astatine $284.02 connected Monday, August 3, 2026, up 4.58% for the day, pushing the retailer into the four-comma nine alongside Apple, Microsoft, NVIDIA, and Alphabet. The banal is up 16.33% implicit the past period and 25.40% year-to-date, and has climbed astir 20.6% since the July 30 net report. For context, Apple sits astatine $303.42 and Microsoft astatine $487.65. AWS reaccelerated hard and analysts fixated connected a $496 cardinal AWS bid backlog disclosed alongside the net report.

The Earnings, Cleanly Explained

Q2 gross landed astatine $200.61 billion, versus a $196.46 cardinal estimate, the archetypal 4th Amazon topped $200 billion. AWS gross of $42.2 cardinal grew 37% year-over-year, its fastest gait successful 18 quarters, with AWS operating income of $16.6 billion, up from $10.2 cardinal a twelvemonth earlier, astatine a 39.4% operating margin. The institution raised full-year 2026 capex guidance to astir $220 billion, up from astir $200 billion, citing higher representation costs and continued AI infrastructure buildout.

Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and Amazon didn't marque the cut. Grab the names FREE today.

Amazon reported $5.75 versus a $1.82 estimate, but that fig is misleading connected its own. Of the $62.647 cardinal successful nett income, astir $53.4 cardinal was non-operating, non-cash "other income," chiefly a mark-to-market summation connected Amazon's Anthropic stake, which was carried astatine $74.2 cardinal astatine the extremity of Q1 earlier this quarter's revaluation. Strip that retired and the operating 4th remains fantabulous connected its ain terms, with the header bushed inflated by the mark-to-market gain.

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