An Amazon Prime truck is seen on April 5, 2024, in Portland, Ore. Jenny Kane/AP/AP
Jenny Kane/AP/AP
NEW YORK (AP) — Amazon joined the exclusive $2 trillion club Wednesday after Wall Street investors pushed the value of the e-commerce giant’s stock past that threshold.
Shares in Amazon.com Inc. finished the day up almost 4%, giving the Seattle-based company a stock market valuation of $2.01 trillion. Its stock has gained 52% in the past 12 months, partly driven by enthusiasm for the company’s investments in artificial intelligence.
Amazon now joins Google’s parent Alphabet, software behemoth Microsoft, iPhone maker Apple and chip