Amazon hits $3 trillion valuation on strong cloud earnings

Biztoc.com - 3 август 2026 г.

Amazon hits $3 trillion valuation on strong cloud earnings

Amazon’s market value topped a new all-time high of $3 trillion following strong second-quarter earnings as the AI boom drives demand for the firm’s cloud business. Despite investor jitters about the Iran war, inflation, and AI spending, corporate profits gen…

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Amazon hits $3 trillion valuation on strong cloud earnings

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Amazon hits $3 trillion valuation on strong cloud earnings

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