Key Points
As of 2026, Amazon is poised to join the $3 trillion market cap club, having a current market cap of $2.9 trillion, just a 4% increase away from achieving the milestone. The company reported a 17% year-over-year increase in sales, amounting to $743 billion in trailing-12-month sales.
Amazon’s AWS segment has contributed significantly to this growth, with a 28% increase in revenue. In addition, AI revenue grew by triple digits, and the chip business posted a 40% quarterly growth, reflecting the company’s robust performance across multiple sectors. Notably, Amazon is also expanding its satellite broadband network through the acquisition of GlobalStar.
The company’s e-commerce segment saw a 12% rise in online store sales and a 14% increase in third-party sales, along with a 24% increase in advertising revenue compared to the previous year.
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