Amazon Adds $650B Market Cap, Leads Dow Jones as Shares Enter Buy Zone

AMZN•2026-05-26

Amazon added roughly $650 billion in market capitalization to match Micron’s gains from a much larger base and currently leads Dow Jones performance this session. Technical charts place shares in a near-buy zone as moving averages converge at key support levels, potentially signaling further upside.

1. Market Cap Surge and Dow Jones Leadership

Amazon has added approximately $650 billion in market capitalization from its recent lows, matching gains achieved by Micron from a much smaller base. This surge positions Amazon as one of the top-performing components on the Dow Jones Industrial Average in the latest session.

2. Technical Analysis and Buy Zone

Technical charts show Amazon shares approaching a buy zone, with the 50-day moving average converging on the 200-day moving average near a key support area. A sustained close above these levels could act as a catalyst for further upside momentum in the coming days.