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Amazon enters $3 trillion club as AI optimism sweeps through Wall Street
Aug 3, 2026
The Economic Times

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

Amazon touched a $3 trillion market capitalization for the first time on Monday. This milestone showed how artificial intelligence optimism pushed technology stocks to new highs. Amazon shares got a boost, rising 3.1% to reach a record high. The company saw yearly gains reach 17.5% as investors cheered the strong growth.