Why Amazon Is Up 25% This Year 400tmax / iStock Unreleased via Getty Images Megatech stocks have ruled the market for years. Some, however, have outpaced others, and Amazon.com Inc. (NASDAQ: AMZN) is at the top of that list. So far in 2024, its price is up 25%, while the S&P 500 is 10% higher. For comparison, Microsoft Corp. (NASDAQ: MSFT), considered the AI leader, is up 10%. Alphabet Inc. (NASDAQ: GOOGL) is up 20%, but Apple Inc. (NASDAQ: AAPL) is down 9%. Nvidia Corp. (NASDAQ: NVDA) has crushed them al ...