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Sharjah24
Source: Sharjah24
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Source: Sharjah24
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Amazon has managed to surpass a market valuation of $3 trillion for the first time, supported by a rise in its shares following the announcement of strong financial results and increased demand for AI-powered cloud computing services. Its stock rose by 5.5% to a record high, with its annual gains exceeding 23%. This comes after the company recorded the strongest growth in the cloud computing sector in over four years and invested billions of dollars in AI development, strengthening its position among the world’s leading technology companies as it continues to expand its infrastructure and achieve high returns.
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