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Microsoft's Historic Milestone
Microsoft has become the second public company to reach a four trillion dollar market valuation. This achievement follows booming earnings exceeding expectations, marking a significant growth from its one trillion dollar valuation in 2019. The company's success underscores the transformative impact of the AI wave.
Amazon's Trade Concerns
Despite strong revenue numbersand growth in Amazon Web Services, Amazon's stock faces pressure due to trade policy concerns. Investors are wary of tariffs potentially impacting operations, even as sales surge by 13.3% year over year.
Market Dynamics in AI
These stories highlight the complex dynamicsof the AI-driven economy. Companies like Microsoft are riding high on AI infrastructure success, while others like Amazon navigate external economic challenges.
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