Technology
Amazon Joins Elite List of Stocks to Top $3 Trillion in Value
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Amazon Joins Elite List of Stocks to Top $3 Trillion in Value Amazon.com Inc. surpassed $3 trillion in market value for the first time, becoming only the fifth company to ever reach the milestone. The e-commerce and cloud-computing company’s shares rose as much as 5.3% as of 9:35 a.m. on Monday day, adding to the raucous rally last week following second-quarter earnings that showed accelerating cloud-computing revenue. Amazon joins Nvidia Corp., Alphabet Inc., Microsoft Corp. and Apple Inc....
Amazon Joins Elite List of Stocks to Top $3 Trillion in Value
Amazon.com Inc. surpassed $3 trillion in market value for the first time, becoming only the fifth company to ever reach the milestone.
The e-commerce and cloud-computing company’s shares rose as much as 5.3% as of 9:35 a.m. on Monday day, adding to the raucous rally last week following second-quarter earnings that showed accelerating cloud-computing revenue. Amazon joins Nvidia Corp., Alphabet Inc., Microsoft Corp. and Apple Inc. as the only companies that have reached that size.