Amazon Tops $3 Trillion Market Cap as Shares Hit a Record High. AI-Powered AWS Growth Fuels Post-Earnings Rally

Source: International Business Times

Shares of the e-commerce and technology giant climbed about 4% to a new all-time high, marking their strongest performance since early May. Unsplash Amazon crossed a historic milestone on Monday, surpassing a $3 trillion market capitalization for the first time after investors cheered a blockbuster second-quarter earnings report. Shares of the e-commerce and technology giant climbed about 4% to a new all-time high, marking their strongest performance since early May.