Amazon joins $3 trillion club as AI, cloud growth fuel stock rally

August 3, 2026

Amazon crossed a $3 trillion market valuation after strong earnings and robust cloud growth reinforced confidence in its AI investments. Shares hit a record high, while investors rewarded the company for demonstrating improving returns from heavy AI infrastructure spending.

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Laurus Labs shares climb 4% after Q2 profit zooms 126% YoY

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Jio Platforms share price up 28% from IPO price. Here’s what these 4 brokerages are saying

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