Amazon reaches a valuation of more than $3 trillion for the first time

The American tech giant Amazon has achieved a valuation of more than $3 trillion for the first time, which corresponds to approximately €2.6 trillion. This milestone was reached after the opening of the stock market on Wall Street, where the company noted a stock gain of over 5 percent.

With this increase in value, Amazon becomes the fifth company in history to reach this significant valuation. Previous companies on this list include Nvidia, Alphabet, Microsoft, and Apple.

Amazon's recent increase in valuation follows the announcement of strong quarterly results, which positively influenced the stock. As a result, the stock surged by as much as 15 percent last week.

This development marks an important step for Amazon as it further strengthens its position in the competitive technology sector.