Friday, 24 March, 2023

Amazon's shares surge 13.5% following Meta Platforms deepest loss

<p>Amazon&#39;s recorded the greatest ever one-day increase in value, a day after Meta Platforms&#39; market value plummeted. On Friday, Amazon&#39;s shares soared 13.5%, expanding its market capitalization by approximately $190B. The online retail and cloud computing giant beat Apple&#39;s record of $181B one-day gain in stock market value, according to Refinitv data. With the surge in its market value, Amazon reached a valuation of $1.6T.</p>