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Amazon Reaches $2 Trillion in Stock Market Value. On June 26, Amazon became the 5th American company to join the $2 trillion club, NPR reports. Amazon shares ended the day up nearly 4%, giving the company a $2.01 trillion stock market valuation. Within the past year, Amazon's stock has gained 52%. Part of that gain can be attributed to investors' enthusiasm about the company's AI endeavors, NPR reports. "A big part of the valuation boost has been cloud and AI. Amazon is going to be a major player in the AI revolution.", Dan Ives, Wedbush tech analyst, via NPR. Amazon currently has a chatbot called Q, which businesses that use AWS have access to. Amazon CEO Andy Jassy recently said that AI has rejuvenated the growth of AWS. The cloud computing unit is reportedly on pace to bring in $100 billion in annual revenue. Amazon recently invested in Anthropic, a California AI company, "to develop so-called foundation models that underpin generative AI systems," NPR reports. Amazon also makes its own AI chips. Google, Microsoft, Apple and Nvidia. The other four U.S. companies that belong to the $2 trillion club are Google, Microsoft, Apple and Nvidia. THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT