Shares of Amazon, Tesla, Microsoft, Apple, Alphabet, Facebook and Netflix popped Monday, adding $291.66 billion in combined market valuation.
Tech stocks have been among the top performers during the Covid-19 pandemic, with many reaching all-time highs in recent weeks despite a broad economic downturn across the globe.stock rose 7.93% after a Goldman Sachs analyst hiked his price target to $3,800 per share, which ties it for the highest target on Wall Street. The company added $116.92 billion in market valuation Monday, bringing Amazon's market capitalization to $1.59 trillion.
stock also rose 9.47%, as investors prepare for the company's June earnings later this Wednesday, adding $26.36 billion
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Roku Is A “Strong Gatekeeper” In Streaming, But Could Be Crushed By Big Tech – AnalystRoku has established its position as a “strong gatekeeper” in streaming, poised to benefit from an influx in advertising, but it is also a small fish swimming in the vast ocean controll…
Read more »
CEO of major Asian bank says 'a big, big challenge' is looming for the global economyPiyush Gupta, CEO of Singaporean bank DBS, said many businesses may not survive when governments roll back measures that are currently keeping them afloat.
Read more »
U.S. stock futures inch higher ahead of big earnings weekU.S. stock index futures inched up late Sunday as the Dow and S&P 500 look to notch a fourth straight week of gains as earnings season kicks into gear. As of...
Read more »
U.S. stock futures retreat ahead of big earnings weekU.S. stock index futures gave up early gains late Sunday as the Dow and S&P 500 look to notch a fourth straight week of gains as earnings season kicks into...
Read more »
32 Bathing Suits That'll Actually Support Your Big BoobsFrom sexy one-piece options to bikinis you won't flop out of, you're bound to make a splash in any of these suits.
Read more »
What's The Big Frigin' Difference?Can you spot the THREE differences in these Sarah Jessica Parker photos?
Read more »