Amazon.com News - August 3, 2026
Amazon hits $3 trillion valuation, fueled by AI and cloud growth
Amazon’s market capitalization surpassed $3 trillion for the first time on Monday. The company is the fifth U.S. firm to reach this historic valuation. Shares...
🟢 Amazon is trading 4.7% up today on strong AWS growth and AI demand
Amazon is trading 4.7% up at $284.35 as investors react to strong late-July earnings, driven by rapid AWS growth and rising AI-related demand. • The stock's...
US States Curb Data Center Tax Breaks, Citing Power Grid Strain
A growing number of U.S. states are pausing or repealing lucrative tax incentives for data centers. These policy reversals could increase equipment costs for...