Amazon Hits $3 Trillion Market Cap as AWS AI Cloud Demand Drives Stock Surge.
Amazon Market Cap Crosses $3 Trillion Landmark as AWS AI Demand Fuels Stock Surge Amazon shares surged on Tuesday, closing up 4.58% at $284.02 , propelling the e-commerce and cloud giant past the historic $3 trillion market capitalization milestone for the first time. Reaching a valuation of $3.064 trillion , Amazon becomes the fifth U.S. publicly traded company to cross this threshold, joining an elite club that includes Apple, Microsoft, NVIDIA, and Alphabet (Google) . The stock rally continues a strong post-earnings momentum following Amazon's latest quarterly financial report released last week. The standout performer was its cloud computing division, Amazon Web Services (AWS) , which reaccelerated sharply with a 37% year-over-year revenue growth , driven by explosive enterprise demand for AI infrastructure and cloud hosting services. Speaking during the post-earnings call, Amazon CEO Andy Jassy emphasized that current server capacity remains insufficient to meet overwhelmin...