Amazon shares rose more than 3% in intraday trading on Wednesday, sending the company’s market capitalization above $2 trillion for the first time.
Amazon has passed the $2 trillion mark, joining Nvidia, Apple, Alphabet, and Microsoft.
Investors have recently rushed into tech stocks as interest in generative artificial intelligence has grown to fever pitch.
Nvidia, which provides graphics processors for the computers that power enormous AI models, has been one of the biggest winners, with its market worth rising from $2 trillion to $3 trillion in just over three months.
Source (CNBC)
