{"id":4511,"date":"2026-08-03T15:24:13","date_gmt":"2026-08-03T15:24:13","guid":{"rendered":"https:\/\/futureknowledge.in\/?p=4511"},"modified":"2026-08-03T15:24:13","modified_gmt":"2026-08-03T15:24:13","slug":"amazon-joins-3-trillion-club-as-ai-cloud-businesses-fuel-rally","status":"publish","type":"post","link":"https:\/\/futureknowledge.in\/?p=4511","title":{"rendered":"Amazon Joins $3 Trillion Club As AI, Cloud Businesses Fuel Rally"},"content":{"rendered":"<div><img decoding=\"async\" class=\"type:primaryImage\" src=\"https:\/\/images.timesnownews.com\/thumb\/msid-155237731,thumbsize-46284,width-1280,height-720,resizemode-75\/155237731.jpg\" alt=\"amazon joins $3 trillion club as ai, cloud businesses fuel rally\" \/><\/div>\n<p>The market valuation of the tech giant Amazon has topped the market valuation of $3 trillion for the first time led by sharp rally.<\/p>\n<p>The uptick was driven following strong earnings and signs that the AI boom is driving fresh demand for its cloud-computing services.<\/p>\n<p>Amazon and Microsoft are the only two of the &#8220;Magnificent Seven&#8221; companies, out of the six that have reported so far, whose AI spending has paid off in investors&#8217; eyes. Tesla, Alphabet and Meta were punished as their massive spending plans hit free cash flow last quarter.<\/p>\n<p>Amazon has been pouring billions to build out its AI infrastructure, and it disclosed a new investment in Anthropic in April, which follows Amazon&#8217;s announcement earlier this year that it would invest up to $50 billion in OpenAI.<\/p>\n<p>Amazon shares were last up 5.5% at $286.20, hitting a record high and taking their yearly gains to over 23%, and the company&#8217;s stock surged 15% after it delivered its strongest cloud growth in more than four years.<\/p>\n<p>Earlier, Apple, Microsoft, Alphabet and Nvidia recorded a market value of $3 trillion in the past with Nvidia currently being world&#8217;s biggest company with a market capitalization close to $5 trillion.<\/p>\n<p>Amazon took over two years to reach a market capitalisation of US$3 trillion after first hitting US$2 trillion in June 2024. Notably, that\u2019s faster than the more than six years between that milestone and when it first hit US$1 trillion in late 2018.<\/p>\n<p><em>Source: <a href='https:\/\/www.timesnownews.com\/business-economy\/companies\/amazon-joins-3-trillion-club-as-ai-cloud-businesses-fuel-rally-article-155237728' target='_blank'>Read the original article on www.timesnownews.com<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The market valuation of the tech giant Amazon has topped the market valuation of $3 trillion for the first time led by sharp rally. The uptick was driven following strong earnings and signs that the AI boom is driving fresh demand for its cloud-computing services. Amazon and Microsoft are the only two of the &#8220;Magnificent [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4512,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,6,36],"tags":[13,28,34],"class_list":["post-4511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-important","category-indian-news","category-share-suggestions","tag-impact-aapl","tag-signal-buy","tag-stage-stage-2"],"_links":{"self":[{"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/posts\/4511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4511"}],"version-history":[{"count":0,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/posts\/4511\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/media\/4512"}],"wp:attachment":[{"href":"https:\/\/futureknowledge.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}