03-08-2026 23:01 via rocketnews.com

Amazon tops $3 trillion market cap as stock continues post-earnings surge

Amazon shares closed at a record high on Monday, with the company’s market capitalization surpassing $3 trillion for the first time. The stock gained 4% during the session, marking its best performance since May 5.
The rally followed the company’s second-quarter earnings report released the previous week, which demonstrated robust expansion in its cloud computing division fueled by artificial intelligence demand. Amazon reported adjusted earnings per share of $1.97, exceeding analys
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