Tech giants Apple, Microsoft, Alphabet and Nvidia are the other four companies to have previously recorded a market value of $3trn.

Amazon became the fifth company ever to see its market value surpass the $3trn mark when its shares rose by about 5pc yesterday (3 August).

Tech giants Apple, Microsoft, Alphabet and Nvidia are the other companies to have previously recorded a market value of $3trn.

Amazon hit the milestone having first reached the $2trn market capitalisation mark in June 2024. It first reached the $1trn value benchmark in late 2018.

Last Thursday (30 July), the e-commerce and cloud computing giant published its results for the second fiscal quarter of 2026, with net sales increasing 20pc year-on-year to more than $200bn.