Shares of Amazon, Tesla, Microsoft, Apple, Alphabet, Facebook and Netflix popped Monday, adding $291.66 billion in combined market valuation.
Tech stocks have been among the top performers during the Covid-19 pandemic, with many reaching all-time highs in recent weeks despite a broad economic downturn across the globe.stock rose 7.93% after a Goldman Sachs analyst hiked his price target to $3,800 per share, which ties it for the highest target on Wall Street. The company added $116.92 billion in market valuation Monday, bringing Amazon's market capitalization to $1.59 trillion.
stock also rose 9.47%, as investors prepare for the company's June earnings later this Wednesday, adding $26.36 billion
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