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.
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48 Articles
At the end of the week, strong tech shares are the focus. Only Apple is disappointed. However, the Iran war brings record profits to the oil companies. However, their shares do not help.
The American tech giant Amazon is worth more than 3 trillion dollars, equivalent to 2,600 billion euros, for the first time. Following the opening of Wall Street today, the company posted a share price gain of over 5 percent. This makes the tech and online retail group the fifth company ever to be worth this much. Tech giants Nvidia, Alphabet, Microsoft, and Apple preceded Amazon. Last week, Amazon presented strong quarterly results, after which…
Amazon has reached a record of three billion dollars (about 2,601 million euros) of stock market capitalization, driven by quarterly results. The company reached a market value of 3,060 million dollars, being now the fifth most valuable open capital company in the world, behind Nvidia, Alphabet, Apple and Microsoft. At 16:29 (Lisbon time), the company's shares rose 5% to 285.66 dollars (approximately 248 euros). On Thursday, Amazon released the …
Amazon has joined the club of companies that have already surpassed a capitalization in stock exchange above 3 billion dollars. It is the fifth to achieve.
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