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Amazon stock is trading at $139.37 with an upsurge of 8.27% in the last 24 hours.
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The company is listed among the most recognizable brands worldwide and a market leader in the e-commerce industry.
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Amazon is the third largest firm in terms of revenues and the fourth tech company to hit a $1.43 trillion market capitalization.
Introduction and History of Amazon Stock
Amazon.com, a customer-focused, innovative, and recognized name in the field of online retailers was founded by Jeff Bezos in 1994. The company entered the market by selling books over an online platform and went public in 1997 with the selling of video cassettes and music.
With time Amazon web services upgraded, adding Alexa, Appstore, Prime, robotics, and pay to the list. Also, the company not only limited its roots to e-commerce and developed impressions in cloud computing, digital streaming, artificial intelligence, and the advertising landscape.
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