Rodolfo Ignacio Gebauer Werner @RodNach: "Amazon joins the US$2 trillion..."

Chile

Amazon joins the US$2 trillion club For the first time in its history and driven by the rebound brought about by artificial intelligence, Amazon reached a market valuation of US$2 trillion this Wednesday, after shares rose up to 3.6% to US$193.04. The company is now a member of an elite club made up of a handful of peers that have surpassed key market capitalization, along with $GOOG (Alphabet) , $NVDA (NVIDIA Corporation) , $MSFT (Microsoft) and $AAPL (Apple) . The last three, in fact, have exceeded US$3 billion in value. Although $AMZN (Amazon.com Inc) shares have faltered so far this year, they are up 27%. News that the cloud unit had posted its biggest sales growth in a year when first-quarter results were released put the company above the all-time high set in April, and a rebound in June helped lift it. will recover the losses from the end of May. The image shows the market cap of the largest companies in the world on June 18, a week later Amazon joins the 2 billion club. [News taken from Bloomberg and image taken from App Economy Insight]

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