Amazon Crosses $3 Trillion Valuation for the First Time

Amazon.com shares climbed on Monday, pushing the company’s market valuation above $3 trillion for the first time in its history as the stock price topped $285.87. The move added Amazon to an exclusive group of companies that have reached the trillion-dollar milestone multiple times over.

Cloud Business Drives Investor Confidence

The rally follows a strong set of quarterly results, with Amazon Web Services drawing particular attention from investors. The cloud computing division posted year-over-year sales growth of 37%, reaching $42.2 billion and beating analyst expectations. The figures suggest that Amazon’s heavy investment in AI infrastructure is beginning to show tangible returns.

Media Commentary Adds to the Momentum

Shares reportedly jumped further at the opening bell after television personality Jim Cramer publicly recommended buying the stock, a reminder that market sentiment and public commentary can still move share prices meaningfully, even in an era dominated by massive AI-related capital spending.