{"id":42730,"date":"2024-06-27T19:00:59","date_gmt":"2024-06-27T19:00:59","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/amazons-market-value-passes-2t-as-shares-hit-all-time-high"},"modified":"2024-06-27T19:36:01","modified_gmt":"2024-06-27T19:36:01","slug":"amazons-market-value-passes-2t-as-shares-hit-all-time-high","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/amazons-market-value-passes-2t-as-shares-hit-all-time-high","title":{"rendered":"Amazon’s market value passes $2T as shares hit all-time high"},"content":{"rendered":"

Africa-Press – Mauritius. <\/strong><\/span>Amazon’s market value surpassed $2 trillion on Wednesday for the first time in the company\u2019s history as its shares hit an all-time high during afternoon trading.<\/p>\n

The e-commerce and tech major’s stock price climbed 3.9% to close the day at $193.61 per share, giving it a market capitalization of $2.01 trillion.<\/p>\n

With that result, Amazon has become the fifth publicly traded company in the world to pass the milestone.<\/p>\n

Amazon ranks fifth on that list behind Google’s parent firm Alphabet in fourth place with a $2.28 trillion market cap and chipmaker Nvidia with $3.11 trillion in third spot.<\/p>\n

Apple ranks second with a market value of almost $3.27 trillion, while Microsoft sat on top with $3.36 trillion as of Wednesday’s closing.<\/p>\n

Amazon, in addition, saw its stock price hit an all-time high of $194.80 per share during the session.<\/p>\n

The company’s shares are up almost 28% since the beginning of this year.<\/p>\n

Investor interest in tech firms has been on the rise this year as demand for artificial intelligence (AI) is booming.<\/p>\n

Amazon in March made an additional $2.75 billion investment in AI startup Anthropic, which increased its total investment in the firm to $4 billion.<\/p>\n

Anthropic last week unveiled Claude 3.5 Sonnet, its most powerful AI model yet.<\/p>\n

For More News And Analysis About Mauritius Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mauritius. Amazon’s market value surpassed $2 trillion on Wednesday for the first time in the company\u2019s history as its shares hit an all-time high during afternoon trading. The e-commerce and tech major’s stock price climbed 3.9% to close the day at $193.61 per share, giving it a market capitalization of $2.01 trillion. With […]<\/p>\n","protected":false},"author":84,"featured_media":42729,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[192,3167,241,3168],"class_list":["post-42730","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-amazon","tag-market-value","tag-mauritius","tag-stock-price"],"yoast_head":"\nAmazon's market value passes $2T as shares hit all-time high - Mauritius<\/title>\n<meta name=\"description\" content=\"Amazon's market value surpassed $2 trillion on Wednesday for the first time in the company\u2019s history as its shares hit a ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/amazons-market-value-passes-2t-as-shares-hit-all-time-high\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amazon's market value passes $2T as shares hit all-time high\" \/>\n<meta property=\"og:description\" content=\"Amazon's market value surpassed $2 trillion on Wednesday for the first time in the company\u2019s history as its shares hit a ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/amazons-market-value-passes-2t-as-shares-hit-all-time-high\" \/>\n<meta property=\"og:site_name\" content=\"Mauritius\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T19:00:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-27T19:36:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2024\/06\/sm_1719500666.374925.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/amazons-market-value-passes-2t-as-shares-hit-all-time-high#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/amazons-market-value-passes-2t-as-shares-hit-all-time-high\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Amazon’s market value passes $2T as shares hit all-time high\",\"datePublished\":\"2024-06-27T19:00:59+00:00\",\"dateModified\":\"2024-06-27T19:36:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/amazons-market-value-passes-2t-as-shares-hit-all-time-high\"},\"wordCount\":225,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/amazons-market-value-passes-2t-as-shares-hit-all-time-high#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2024\/06\/sm_1719500666.374925.jpg\",\"keywords\":[\"Amazon\",\"market value\",\"Mauritius\",\"stock price\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mauritius\/all-news\/amazons-market-value-passes-2t-as-shares-hit-all-time-high#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/amazons-market-value-passes-2t-as-shares-hit-all-time-high\",\"url\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/amazons-market-value-passes-2t-as-shares-hit-all-time-high\",\"name\":\"Amazon's market value passes $2T as shares hit all-time high - 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