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This week Amazon became only the second company in history to break above the one trillion dollar valuation mark. Michael Batnick notes that it's gained $400 billion market cap since the start of the year thanks to a roaring 75% YTD return.
What is behind the stock's rapid rise this year and the recent push above $1 trillion? Josh Brown thinks it has to do with a brand new business than many on Wall Street had been underestimating.
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