Amazon ($AMZN) breaks through $3 trillion in market value for the first time; Jim Cramer suggests it's time to buy
2026-08-04 03:41:47
According to CoinMeta, Amazon ($AMZN) surpassed a market value of $3 trillion for the first time at the start of the trading week, with its stock price rising by 4%. Amazon's second-quarter financial report was released last week, showing significant growth in revenue, which raised market expectations for the stock. Renowned Wall Street analyst Jim Cramer called on investors to buy $AMZN shares now. Amazon reported an adjusted earnings per share of $1.97, exceeding the market's expectation of $1.82, and revenue of $200.61 billion, which surpassed analysts' forecast of $196.47 billion.
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Source:Watcher.Guru
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