Amazon's market capitalization surpassed the $2 trillion mark for the first time, joining the ranks of tech giants such as Apple and Microsoft.
The rally in technology stocks with a huge market capitalization was driven by investors' enthusiasm about generative AI.
Amazon has risen 26 percent this year, outpacing the Nasdaq's 18 percent increase. The stock gained 3.9 percent to $193.61.
Amazon is planning a major revamp of the Alexa service, which it started a decade ago but has so far failed to make a profit.
Source (Al-Arabiya.net Website, Edited)
