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Amazon reaches $2 trillion market cap for the first time - TL;DR CNBC

Amazon reaches $2 trillion market cap for the first time

Publishing timestamp: 2024-06-26 13:22:27


Summary

Amazon's market cap crosses $2 trillion, joining other tech giants. Investors excited about generative artificial intelligence. Amazon's shares surge, AWS business rebounds, cost-cutting initiatives praised. CEO Andy Jassy focused on reigning in spending.


Sentiment: POSITIVE

Tickers: AAPLGOOGL.IXICMSFTNVDAAMZN

Keywords: microsoft corptechnologynvidia corpapple incbusiness newsamazon.com incnasdaq compositealphabet incinternetbreaking news: technology

Source: https://www.cnbc.com/2024/06/26/amazon-reaches-2-trillion-market-cap-for-the-first-time.html


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