Amazon achieved a three trillion dollar market capitalisation for the first time. This milestone places the company among Wall Street's top giants. Renewed artificial intelligence optimism significantly boosted technology stocks to new highs. Amazon's shares saw a notable increase, reaching a record high. The company's yearly gains have now reached seventeen point five percent.

Amazon shares rose sharply on Fridat after stronger-than-expected growth at its cloud business reinforced investor confidence in the company's AI investments. AWS posted its…

Amazon CEO says cloud arm could become trillion-dollar business