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

World 1 source 1 country 🔦 Under-reported 29m ago

Amazon has surpassed a valuation of $3 trillion, joining an exclusive group of companies to reach this financial milestone. The market surge was driven by widespread optimism on Wall Street regarding artificial intelligence.

In addition to artificial intelligence enthusiasm, the company's valuation growth was fueled by strong performance and expansion within its cloud computing division, powering a broader market rally.

In-depth summary · AI, neutral
Read the full story at the source Channel NewsAsia · SG
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