Amazon hits $2T in market value on AI fervor, rate cut bets
Amazon’s market capitalization surpassed the $2 trillion mark for the first time on Wednesday, as optimism about artificial intelligence and the possibility of interest rate cuts this year drove demand for technology stocks. Shares rose 3.4% to $192.70, making the e-commerce giant the fifth company to join the $2 trillion market cap club, joining tech […]
CNBC Daily Open: AI fervor takes over Wall Street – CNBC
Cost Photo | Null Photo | Getty Images This report is from today’s international market newsletter CNBC Daily Open. The CNBC Daily Open provides investors with everything they need to know, no matter where they are. Like what you see?You can subscribe here. Nikkei Average expands its riseJapanese On Monday, as trading resumed after a […]