Amazon Hits $3 Trillion Market Cap as AWS Drives Stock Surge
Amazon shares jumped 5%, pushing the e-commerce and cloud giant past a $3 trillion market valuation for the first time in its history.
Amazon crossed a historic milestone Thursday as its stock surged roughly 5%, vaulting the company's market capitalization above $3 trillion for the first time ever — a threshold only a handful of U.S. companies have ever reached.
The rally was driven in large part by strong performance from Amazon Web Services, the company's cloud computing division that has become a critical engine of profitability and investor confidence. AWS has increasingly positioned Amazon not just as a retail powerhouse but as a dominant force in enterprise technology infrastructure.
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The $3 trillion mark places Amazon in rarified air alongside Apple and Microsoft, the only other U.S. companies to have sustained valuations at that level. Crossing that threshold signals sustained investor conviction in Amazon's ability to monetize both its logistics empire and its rapidly expanding cloud and AI-related services.
Analysts have pointed to growing enterprise cloud demand and Amazon's deepening investments in artificial intelligence as catalysts that could sustain the momentum. AWS's margins and revenue growth have consistently outpaced the broader e-commerce segment, making it the financial backbone underpinning the stock's rise.
The milestone caps a remarkable run for a company that began as an online bookseller and has since reshaped global retail, logistics, and cloud computing. Continue reading at Yahoo.
