In two decades the company expanded far beyond its bookseller beginnings, combining its world-spanning retail operation with less flashy but very profitable advertising and cloud computing businesses.
Amazon founder Jeff Bezos is the world's richest man, worth over $150 billion. Amazon saw its quarterly profit soar past $2 billion U.S. for the first time earlier this year as the online shopping, cloud computing and advertising businesses all kept growing.
The Seattle-based company has secured their customers loyalty through smart devices like Alexa and the Prime membership - a service that offers free next day deliver as well as music and video streaming perks.
Amazon crossed the $2,000 threshold for the first time on August 30 after doubling its price in just 10 months. Most notable was the speed with which Amazon hit the milestone, with its shares having more than tripled in the past three years.
Amazon.com Inc on Tuesday joined Apple Inc to become the second $1 trillion (0.78 trillion pounds) publicly listed USA company after its stock price more than doubled in a year as it grew rapidly in retail and cloud computing.
Apple topped that mark in early August. The online retail behemoth's stock hit a new high of $2,049.50 per share around 11:30 a.m., Eastern time this morning, momentarily nudging its market cap over the trillion-dollar line.
"We expect Amazon to continue doing well going forward, with the company having a proven ability to expand into new markets".
Lula, 72, has been sentenced to 12 years in prison for accepting a luxury seaside apartment as a bribe from a construction firm. Under Brazilian law, he is ineligible to run because his conviction was upheld on an initial appeal.
The daughter and son-in-law of President Donald Trump are among the highest-ranking White House officials attending the service. She described "the America of John McCain" as the America of the Revolution, Abraham Lincoln and members of the armed services.
The funeral comes after several days of public viewings for the singer, which began with two days at Detroit's Charles H. Wright Museum of African American History that attracted thousands of fans and mourners from around the country.
Investors flinched slightly at the news Friday of Liu's arrest , but JD.com stock value had rebounded by the end of the day. Liu started his business by opening a counter store in Beijing selling computer parts.
The Accumulated Cyclone Energy - a measure of the strength and longevity of a storm - is 17.5 this season when the normal is 28.7. Be prepared for a very rainy day Monday from start to finish until the wave continues to the northwest into the Gulf of Mexico.
With Gruden open to dealing Mack, there was no way Davis was going to veto him after giving him $100 million to coach the team. While he's considered one of the most dominant at his position, he isn't being paid like it.
Hamilton's overtaking move on Vettel was investigated by the stewards but they took no action, deeming it a racing incident. Hamilton's sixth win of the season lifted him to 256 points, to his German rival's 226, with seven races still ahead.
Late Friday night, President Donald Trump called for Bloomberg to apologize for violating "a firm off the record statement". Despite some contentious issues still on the table, the increasingly positive tone contrasted with U.S.
Later in the day, a military aircraft was scheduled to take McCain's body back east for a lying-in-state at the U.S. It was only until Monday that the president issued a longer statement about his respect for McCain's service.
The man's 32-year-old girlfriend has been confirmed by deputies to be the woman captured on the doorbell camera last Friday. At about 3:30AM, someone rang the doorbell at a number of homes, but disappeared by the time they answered the door.
Serena Williams moves past Kaia Kanepi at U.S. Open
The 36-year-old dropped her first set at the tournament in NY but came through to beat Estonia's Kanepi 6-0 4-6 6-3 in 86 minutes. Kanepi took a 5-2 lead before Serena won the next two games, but Kanepi was able to even it up by winning the second set 6-4.
Xi announces $60bn financing for Africa
Ramaphosa urged China to focus more on the nature of and quality of its investments in Africa and not just natural resources. Xi told him on Sunday that "foreign forces" should not interfere in Sudan's internal affairs, China's Foreign Ministry said.
You Can Drive This Life-Size LEGO Technic Bugatti Chiron
LEGO as taken real LEGO Technic parts and used those parts to construct a life-size and drivable replica of the Bugatti Chiron . With the exception of some Teflon washers that serve as bushings, the motor pack is nearly entirely derived from Lego pieces.
UN Syria envoy floats idea of evacuating Idlib civilians
An assault on Idlib by Damascus and Moscow could be the last major battle of the civil war that has torn Syria apart since 2011. The United Nations has called on Russia , Iran and Turkey to delay a battle that could affect millions of civilians.