Amazon becomes fifth U.S. company to reach $2 trillion valuation, thanks to AI

  • 📰 Mynorthwest
  • ⏱ Reading Time:
  • 37 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 53%

Mynorthwest.Com - Seattle News News

Sports,Weather,Traffic

Amazon reached a $2 trillion valuation after Wall Street investors pushed the retail giant's stock past that elusive threshold Wednesday.

Amazon reached a $2 trillion valuation after Wall Street investors pushed the retail giant’s stock past that elusive threshold Wednesday.

Amazon joins Alphabet , Apple, Microsoft and Nvidia — all major technology companies based in the U.S. — as the fifth company to reach a $2 trillion valuation. Nvidia, which develops graphics processors had its market value soar from $2 trillion to $3 trillion in just over three months, joining Apple and Microsoft as companies that have reached a $3 trillion valuation.

Detectives are investigating a bomb threat made at a Snohomish County preschool Wednesday morning that forced students and staff to evacuate.In a series of recent incidents, Bellevue residents have fallen victim to a pair of thieves who prey on older individuals.Roadwork leads to major traffic backups on I-5 north; more expected to come

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 438. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Top Wall Street analysts are optimistic on the outlook for these 3 stocksTipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Burlington Stores and Amazon
Source: CNBC - 🏆 12. / 72 Read more »