Finance

Shares of the e-commerce giant climbed over 3%, pushing the company past the $3 trillion milestone for the first time. The upward trajectory follows a substantial gain late last week triggered by strong earnings and solid cloud-computing momentum.

Major chipmakers, including Micron and AMD, faced notable declines as market participants rotated capital out of technology heavyweights. While corporate earnings remain robust, persistent concerns regarding the valuation and short-term monetization of immense artificial intelligence investments continue to weigh on the semiconductor sector.

Digital asset prices traded in a mixed and largely stagnant fashion despite a de-escalation of geopolitical tensions. Ongoing anxiety regarding an exploit of Coldcard hardware wallets, combined with broker warnings over potential market drops if the Clarity Act faces hurdles, limited broader crypto recoveries.