Amazon enters $3 trillion club as AI, cloud growth power rally
AWS revenue rose 37% and Amazon said its AI and chips businesses each reached a $25 billion annualized run rate.
- On Monday, Amazon touched a $3 trillion market capitalization for the first time, joining a handful of Wall Street giants as artificial intelligence optimism lifted technology stocks to new highs.
- AWS grew 37% to $42.23 billion with a 39.4% operating margin, while CEO Andy Jassy reported that AI and Chips businesses each cleared $25 billion annualized run rates, driving the company's rapid expansion.
- OpenAI is committing to 2 GW of Trainium capacity starting in 2027, while Anthropic is securing up to 5 GW, demonstrating sustained demand for Amazon's custom silicon infrastructure.
- Amazon trades near 38x earnings following a 15.32% pop on earnings day, with analysts projecting the stock could reach $350 based on 2027 operating income leverage.
- Apple and Alphabet build credible bull cases to $400 and $500 by 2027, respectively, as AI infrastructure spending and custom silicon leverage drive growth across the technology sector.
97 Articles
97 Articles
Amazon's $3 Trillion Explained: The AI Cloud Business Behind the Record
Amazon just became the fifth company ever to reach a $3 trillion market cap. That’s the total value of all its shares combined. Retail had little to do with it. AWS, Amazon’s cloud computing arm, did the work. Cloud revenue jumped 37% to $42.2 billion, the fastest pace in 18 quarters. The stock shot to a record high right after. But Jassy still won’t promise Amazon can keep up with demand this year. Why Amazon’s Stock Jumped The stock surge tra…
Amazon becomes fifth company to reach $3 trillion market value
By Rajwa Quasim Amazon became the latest U.S. company to surpass a $3 trillion market valuation on Monday, reaching the milestone for the first time. It is the fifth company in history to do so, joining Apple, Microsoft, Nvidia and Alphabet. Shares of the e-commerce and cloud computing giant rose about 5% to $285.01, bringing the stock’s gain for the year to more than 23%. The rally builds on momentum from last week, when Amazon shares surged 15…
Amazon is worth more than 3 trillion dollars for the first time. This makes the tech and e-commerce giant the fifth company ever to reach this status. Nvidia, Alphabet, Microsoft, and Apple had already done so. Corné van Zeijl, stock market analyst at Cardano, discusses this milestone for Jeff Bezos's company.
The rapid growth of the company ' s shares supported strong financial performance and advances in cloud technology.
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