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Amazon Gets Upgraded to the $3 Trillion Club
The Wall Street Journal60d agobullish
Amazon Gets Upgraded to the $3 Trillion Club

Amazon shares jumped 5% this morning, propelling the company to a $3.08 trillion market valuation. The gain comes on the heels of a 15% jump on Friday, when Amazon stock had its best day in years after investors liked what they saw in its latest report card.

Amazon enters $3 trillion club as AI, cloud growth power rally
Reuters60d agobullish
Amazon enters $3 trillion club as AI, cloud growth power rally

Amazon's market value topped $3 trillion for the first time on Monday, helped by a sharp rally ‌following strong earnings and signs that the AI boom is ‌driving fresh demand for its cloud-computing services, the company's main profit engine. The Seattle-based e-commerce and cloud computing giant's stock surged 15% on Friday after it delivered its strongest cloud growth ‌in more than four ⁠years and raised its annual capital spending forecast. Amazon and Microsoft are the only two of the "Magnificent Seven" ⁠companies, out of the six that have reported so far, whose AI spending has paid off in investors' eyes.

Dow Opens at Record High as Stocks Start August in the Green
Barrons.com60d agobullish
Dow Opens at Record High as Stocks Start August in the Green

Stocks got a boost after President Donald Trump said he would call off an attack on Iran to restart negotiations. Iran's foreign ministry denied talks were happening. Oil prices fell on Trump's comments, with Brent futures around $83 per barrel and WTI futures below $80 per barrel.

Rowan Street Capital: Meta Platforms’ (META) Fundamentals Outpace Its Stock Rally
Insider Monkey60d agobullish
Rowan Street Capital: Meta Platforms’ (META) Fundamentals Outpace Its Stock Rally

Rowan Street Capital, an investment management company, released its Q1 2026 investor letter. A copy of the letter can be downloaded here. The Fund’s performance remained stable in the second quarter, with the portfolio declining about 1$ from the first quarter, resulting in a net return of -21% for the second half of 2026. Despite the […]

3 Top Dividend Stocks to Buy Before Their Next Payout
24/7 Wall St.60d agobullish
3 Top Dividend Stocks to Buy Before Their Next Payout

Your portfolio could be paying you quarterly income right now from three companies that have raised their dividends for decades straight, but the next ex-dates are approaching fast and missing them means waiting another quarter to collect.