Amazon’s Historic Leap to No. 1: Inside the Fortune 500 List

For the first time in 14 years, Amazon has claimed the No. 1 spot on the Fortune 500 List, ending Walmart’s run at the top of the ranking. From Amazon’s $717 billion revenue milestone and the growing influence of AWS to the rapid growth of engineering and construction, aerospace and defense, and healthcare companies, Fortune's Matt Heimer and Scott DeCarlo explore what these shifts reveal about the future of growth, investment, and corporate power in America.