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Amazon Inc Valued At USD 2 Trillion On Investors’ Confidence In AI and Potent Interest Rate Cuts

Esha SomadderJune 27, 2024June 27, 2024

by Esha SomadderJune 27, 2024June 27, 20242 985

Amazon Incorporation reached a market value of USD 2 trillion for the first time on Wednesday, placing it alongside tech giants (U.S. companies) Microsoft Corp,...

MARKETS

Wall Street Closes Sharply Lower in Biggest Weekly Loss of 2023

NileshFebruary 25, 2023February 25, 2023

by NileshFebruary 25, 2023February 25, 202301762

Wall Street’s main indexes posted their biggest weekly losses since 2023 after sharp losses on Friday. Investors braced for a more aggressive rate hike by...

WORLD

Jeff Bezos Hits Wealth Record of $ 211 Billion

Neha VermaJuly 7, 2021July 7, 2021

by Neha VermaJuly 7, 2021July 7, 202101855

On Tuesday, Amazon Inc shares rose 4.7 per cent after Pentagon announced that it was canceling a cloud-computing contract with rival Microsoft Corp. Jeff Bezos...

Mukesh Ambani Breaks Into The Global Top 10 Richest List

adminFebruary 27, 2019

by adminFebruary 27, 20190853

Mukesh Ambani, the chairman of the Reliance Industries Ltd forayed into the top 10 richest list globally. According to the Hurun Global Rich List 2019,...

Amazon Becomes the Second US Company To Hit US$ 1 Trillion Mark

adminSeptember 5, 2018

by adminSeptember 5, 20180785

Amazon.com, Inc has become the second company in the US, after Apple Inc, to be valued at US$ 1 trillion by Wall Street. On Tuesday, a...

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