Economic TimesLean R·
Amazon hits $3 trillion market value
Amazon's market value surpassed three trillion dollars for the first time. This milestone places Amazon among only five companies ever to achieve such a valuation. The company's shares surged significantly after strong second-quarter earnings reports. Accelerating cloud-computing revenue eased investor concerns about artificial intelligence spending. Amazon's stock now leads the Magnificent Seven group in performance this year.
Read at Economic Times →
