Amazon trở thành công ty thứ năm đạt vốn hóa thị trường 3 nghìn tỷ USD

The Huoxing Finance report states that on Monday, August 3, at the opening of U.S. equities trading, Amazon (AMZN.O) shares rose as much as 5.3%, continuing the surge triggered last week by its second-quarter earnings report showing accelerated revenue growth in cloud computing. Amazon has now joined NVIDIA, Alphabet, Microsoft, and Apple as one of the few companies with a market capitalization exceeding $3 trillion. For most of the past three months, Amazon’s stock had been caught in a selling frenzy as investors lost confidence in companies pledging to invest billions in artificial intelligence. From its all-time high on May 6 to the three-month low reached last month, its share price fell nearly 18%. However, last week, concerns eased after Amazon Web Services (AWS) reported its highest quarterly revenue growth since 2021. Encouraged by this, the company’s stock surged over 15%, marking its largest single-day gain in more than 14 years and adding nearly $400 billion to its market value. This also propelled Amazon back to becoming the top-performing stock among this year’s “Magnificent Seven.” (Jinshi)