Amazon Hits $3 Trillion: What Does This Mean for Investors?

Amazon's market capitalization has surpassed $3 trillion, and analysts believe this is just the beginning.

The company's AWS business saw its fastest growth in 18 quarters, with revenue increasing 37% to $42.23 billion at a 39.4% operating margin.

This performance has led analysts to raise their price targets for Amazon, with one predicting a 59.4% upside from the current price of $284.02 over the next 12 months.

The bullish case for Amazon is based on its accelerating AWS growth, AI infrastructure demand, and its own AI and Chips businesses, which have seen triple-digit growth.