Amazon hit $2 trillion in valuation on Wednesday, making it the fifth company to reach the mark.
Amazon joins Alphabet (Google’s parent company), Microsoft, Apple, and AI chip maker Nvidia in the coveted club.
The news comes ahead of Amazon’s highly-anticipated Prime Day, slated for July 16 and 17, which offers shoppers deals and bundles across many areas of retail products.
Related: Amazon Considering Charging Extra for AI Alexa
Amazon was up around 4% by the end of the day Wednesday, marking a 52% increase in the last year.
The online retail company had a stellar Q1 2024 with a 13% net increase year over year in sales reaching $143.3 billion, with a 12%
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