Amazon became as the World’s most valuable retailer over Walmart.

Amazon reported a $92 million earnings for this 2nd quarter (March to June), and its sales inclined by 20% to $23.2 billion. The company’s share price rose to $529.42, making its value $246.5 billion, and its stock had heightened by 78% since the start of the year. Many investors expected that Amazon will suffer loss, as Amazon did not report its profit in frequent basis just like it did in 4th quarter of 2014. Amazon has reinvested the profits for improvements in its crucial delivery system.

The profit created from Amazon Web Services multiplied by two times in this 2nd quarter, making analysts to assume that the company became prepared for further growth. Deutsche Bank’s analyst Ross Sandler stated that surging gains and actual margins in Amazon indicates rightfully awarded magical trend. He continued his articulation to his clients that Amazon is discovering the fruits of its hard workings in both revenue growth and operating margin. Barclays’ analyst Paul Vogel also said that it’s now optimistic rather than doubtful on the company’s growth prospects, and said that the scale of Amazon’s distribution network is beginning to generate better incremental margins. CFO of Amazon Brian Olsavsky talked investors that the trend would persist as the company keep investments in things with enormous, critical potential power, with keeping costs under control.