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Amazon hits $2 trillion in valuation on AI fervor, rate cut bets
Amazon.com Inc hit $2 trillion in market value for the first time on Wednesday, becoming the fifth U.S. company to surpass that level as optimism around artificial intelligence and potential interest rate cuts this year drove demand for technology-related stocks.
Amazon Becomes Fifth U.S. Company to Hit $2 Trillion Valuation
Amazon.com’s shares rose to make it the fifth U.S. company to cross the $2 trillion valuation, joining other tech giants Alphabet, Apple, Microsoft and Nvidia. The shares rose more than 3.5% in midday trading to cross the threshold.
Amazon joins exclusive club, crossing $2 trillion in stock market value for the first time
The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia's chips are used to power many AI application and its valuation has soared as a result.
Amazon hits US$2-trillion in valuation on AI fervor, rate cut
Amazon ( AMZN-Q +1.60% ) hit $2 trillion in market value on Wednesday, becoming the fifth U.S. company to surpass that level as investors pile into technology-related stocks on optimism around artificial intelligence and potential interest rate cuts.
Amazon hits $2 trillion valuation milestone on AI fervor, rate cut bets
Amazon.com Inc hit $2 trillion in market value on Wednesday, becoming the fifth U.S. company to surpass that level as investors pile into technology-related stocks on optimism around artificial intelligence and potential interest rate cuts.
Amazon surpasses $2 trillion stock market valuation for first time
The milestone valuation comes a little more than a week after chipmaker Nvidia hit $3 trillion and briefly became most valuable company on Wall Street.
Amazon hits $2 trillion market value as AI frenzy fuels rally
Shares rose as much as 3.6% Wednesday to $193.04, pushing the market value to more than $2 trillion. The company is now a member of an elite club of a handful of peers that have surpassed the key market capitalization.
Amazon reaches record close, passes $2 trillion market cap
Victoria Greene, G Squared Private Wealth founding partner, and Charlie Bobrinskoy, Ariel Investments vice chairman, joins 'Closing Bell Overtime' to talk the day's market action.
Alert: Amazon hits a stock market valuation of $2 trillion for the first time
Amazon hits a stock market valuation of $2 trillion for the first time. June 26, 2024
2d
on MSN
Amazon hits $2T in market value for the first time as AI fervor, rate cut bets drive gains
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3 Reasons to Buy Amazon Stock Now
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Honolulu Star-Advertiser
3d
Amazon hits $2 trillion in valuation on AI fervor
Amazon
hits $2 trillion in
valuation
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AI
fervor
... Figurines with computers and smartphones are seen in front of ...
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