Amazon Reaches $2 Trillion in Stock Market Value from ionos webmail business Watch Video

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✓ Published: 27-Jun-2024

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Amazon Reaches $2 Trillion , in Stock Market Value.<br/>On June 26, Amazon became the 5th American company to join the $2 trillion club, NPR reports. .<br/>Amazon shares ended the day up nearly 4%, giving the company a $2.01 trillion stock market valuation. .<br/>Within the past year, <br/>Amazon's stock has gained 52%.<br/>Part of that gain can be attributed <br/>to investors' enthusiasm about the <br/>company's AI endeavors, NPR reports. .<br/>A big part of the valuation boost has <br/>been cloud and AI. Amazon is going to <br/>be a major player in the AI revolution, Dan Ives, Wedbush tech analyst, via NPR.<br/>Amazon currently has a chatbot called Q, which businesses that use AWS have access to. .<br/>Amazon currently has a chatbot called Q, which businesses that use AWS have access to. .<br/>Amazon CEO Andy Jassy recently said that <br/>AI has rejuvenated the growth of AWS.<br/>The cloud computing unit is reportedly on pace to bring in $100 billion in annual revenue.<br/>Amazon recently invested in Anthropic, a California <br/>AI company, \