Amazon has joined the exclusive $2 trillion club on Wednesday, June 27, as Wall Street investors pushed the e-commerce giant's stock past this threshold for the first time. The company's market capitalization has surged, driven by AI interest and record profits, and has reached new all-time highs. Amazon's stock has also hit a 52-week high and is up 27% year-to-date. The company is reportedly developing a budget marketplace to compete with Temu and Shein. The stock is currently trading close to $200, with strong technical indicators suggesting further potential for price gains. Notably, 68% of retail CFD accounts lose money.