Capital Markets #amazon#market cap
Amazon crosses $3 trillion market cap as AI and cloud growth power record stock rally
Amazon's market capitalisation crossed $3 trillion for the first time on Monday, with shares up 5.5% at a record $286.20, according to Business Today. The rally follows the company's fastest cloud revenue growth in over four years and a higher annual capital expenditure forecast. Amazon now joins Apple, Microsoft, Alphabet and Nvidia above the $3 trillion threshold, while Nvidia approaches $5 trillion.
Aug 3, 2026 1 source