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Amazon, with a market capitalization of $2 trillion, is driven by AI enthusiasm and interest rate cut bets

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Amazon.com, which had a market capitalization of $2 trillion, soared 3.9% to $193.61, driven by the development of artificial intelligence and potential interest rate cuts. U.S. stock indexes rose sharply on AI optimism, confidence in economic resilience and expectations of interest rate cuts, and Wall Street indices near record levels. Investors are particularly eyeing large-cap stocks such as Amazon and Nvidia, which are expected to benefit from low interest rates. Amazon has made strategic investments in the field of artificial intelligence and cloud services to expand its market share, focusing on the development of AWS and artificial intelligence technologies. The company invests in AI startups and robotics companies to launch custom chips to facilitate machine learning and generative AI applications.

Amazon, with a market capitalization of $2 trillion, is driven by AI enthusiasm and interest rate cut bets

Amazon's market capitalization reaches $2 trillion

Amazon Inc. has reached a major milestone with a market capitalization of $2 trillion, joining tech giants such as Microsoft Inc., Apple Inc., Nvidia Inc., and Google's parent company. Amazon shares surged to $193.61, up 3.9%, driven by growing optimism about artificial intelligence and a potential interest rate cut, reflecting the overall demand for tech stocks.

Amazon, with a market capitalization of $2 trillion, is driven by AI enthusiasm and interest rate cut bets

Market enthusiasm drives US stock indices

Optimism around AI, confidence in the resilience of the U.S. economy, and expectations of a Fed rate cut drove a sharp rally in U.S. stock indices. This positive market sentiment has pushed Wall Street stock indices near record levels, with a particular focus on large-cap stocks such as Amazon and Nvidia, which are expected to benefit from lower interest rates, attracting investors looking for growth opportunities.

Amazon, with a market capitalization of $2 trillion, is driven by AI enthusiasm and interest rate cut bets

Amazon's strategic investments in artificial intelligence and cloud services

As Amazon continues to expand its market share, particularly in its cloud computing division, Amazon Web Services (AWS), the company's strategic focus on AI is clear. By investing in AI startups like Anthropic and robotics company Figure, Amazon aims to leverage advancing AI to enhance its services and products. In addition, the launch of custom chips for data centers further demonstrates Amazon's commitment to advancing machine learning training and generative AI applications.

Amazon, with a market capitalization of $2 trillion, is driven by AI enthusiasm and interest rate cut bets

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