Amazon shares just hit an all-time high - CNN

Amazon (AMZN) is now worth more than $1.5 trillion, joining Apple (AAPL) and Microsoft (MSFT) above that lofty level. This has helped push the Nasdaq to an all-time high above 10,000. Google owner Alphabet (GOOGL) topped the $1 trillion mark Monday, too.

These four tech giants, along with Facebook (FB), are now collectively worth more than $6.4 trillion.

Tech stocks have led the market's stunning rebound from its March lows on expectations of strong sales and earnings growth — despite the fact that the US economy is now in a pandemic-induced recession.

Shares of Netflix (NFLX), Tesla (TSLA), Square (SQ), PayPal (PYPL), Nvidia (NVDA) and Adobe (ADBE) all hit record highs Monday.

So did Zoom Video (ZM), Peloton (PTON), Lowe's (LOW), Clorox (CLX) and Teladoc (TDOC) — companies that have benefited greatly from the shift to a work-from-home and shelter-in-place reality.

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"time" - Google News
July 06, 2020 at 11:54PM
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Amazon shares just hit an all-time high - CNN
"time" - Google News
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