Amazon.com Inc shares hit US$1,000 for first time, showing its dominance in e-commerce and cloud tech

Amazon.com Inc.’s shares topped US$1,000 for the first time, marking a new milestone for a company wooing investors by dominating online commerce and cloud computing, two industries expected to keep growing as shopping habits change and businesses rethink how they deploy technology. Amazon shares hit US$1,001.20 in New York Tuesday, up about 40 per cent…

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