3 Aug, 17:54··

Amazon Valued at Over $3 Trillion

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Amazon has become the fifth company in the world to reach a market capitalization of over $3 trillion, equivalent to $2.6 trillion euros. The company’s stock price rose significantly on the opening of Wall Street, driven by strong quarterly results and investments in artificial intelligence. This growth has eased investor concerns about the company’s spending on AI and its cloud division is experiencing high demand.

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Amazon Valued at Over $3 Trillion - SOVOX.eu