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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.
Amazon Joins Elite List of Stocks (ORG) Value (LOCATION) Value Amazon.com Inc. (ORG) Amazon (ORG) Nvidia Corp. (ORG) Alphabet Inc. (ORG) Microsoft Corp. (ORG) Apple Inc. (ORG)
Originally published by Bloomberg Markets Read original →