Amazon marked an amazing new first, topping $2 trillion in market value for the first time and becoming the fifth company to join the club. Shares of Amazon, which hit a record $193.61 per share on Wednesday, now has a market cap of $2.015 trillion, as tracked by Dow Jones Market Data Group. It’s been 1,105 days since the last trillion milestone. Shares have advanced over 24% this year, beating the Nasdaq Composite’s nearly 19% rise.
It’s been a stellar year for tech with Nvidia, Apple and Microsoft all hovering above $3 trillion in value, in part thanks to doubling down on AI. Last week, Nvidia briefly overtook Microsoft for the top spot. GET FOX BUSINESS ON THE GO BY CLICKING HERE
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