Amazon enters $3 trillion club as AI optimism sweeps through Wall Street

Economic Times TechAugust 3, 2026en

Amazon achieved a three trillion dollar market capitalisation for the first time. This milestone places the company among Wall Street's top giants. Renewed artificial intelligence optimism significantly boosted technology stocks to new highs. Amazon's shares saw a notable increase, reaching a record high. The company's yearly gains have now reached seventeen point five percent.

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