Investors are increasingly optimistic about Amazon.com’s AI strategy, pushing
its market value toward $3 trillion, with Stephen Lee of Logan Capital
Management saying confidence is high that AI will “continue to pay dividends in
the form of strong growth over the coming years.” The stock has risen 36% since
its March 27 bottom, becoming the fourth-largest contributor to the S&P 500’s
17% gain with a 7.4% impact, while April’s 27% surge marked its best month since
2007.
