Amazon.com Inc.
(NASDAQ:AMZN) shares rose 1.80% in Monday's premarket after soaring more than 15% on Friday, putting founder Jeff Bezos on track for another multibillion-dollar increase in his net worth.
Friday's rally also added roughly $25 billion to Bezos' fortune, helping him overtake Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google co-founder Sergey Brin to reclaim the title of the world's third-richest person, according to Bloomberg's billionaire rankings.
The jump followed Amazon's quarterly earnings beat, which included $206.6 billion in revenue and 37% year-over-year AWS revenue growth to $42.2 billion.
The premarket gains extended Friday's earnings-fueled rally, when Amazon shares surged after the company reported stronger-than-expected second-quarter results.
