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Verilumia

The Daily Verified Briefing

Markets

Amazon hits $3 trillion market cap on AI-driven growth

Published 3 August 2026

Amazon reached a market valuation of $3 trillion for the first time on Monday, August 3, 2026, joining an elite group of technology companies. The milestone was driven by a sharp rally in its stock price following a strong quarterly earnings report that highlighted robust growth in its cloud computing division, fueled ...

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