Amazon hits $3 trillion market value
· economictimes.indiatimes.com
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.
Synopsis
Amazon's market value surpassed three trillion dollars for the first time. This milestone places Amazon among only five companies ever to achieve such...