Amazon stock nears $3 trillion market cap, needing less than 2% rise to join elite group.

Amazon's stock price has been rising steadily, driven largely by its Amazon Web Services division. The company's market capitalization is currently about $2.95 trillion, just 1.7% shy of the $3 trillion milestone. Achieving this would make Amazon only the fifth U.S. company to reach such a valuation, highlighting its significant growth and market influence. Investors are watching closely as the stock heads toward a potential record high close.