Amazon.com Inc. shares reached a new high on Wednesday, increasing by 1% to $201.45, surpassing a previous peak that had been held since July.

This rise is part of a larger trend where major technology companies continue to attract investor interest, with Amazon's stock increasing by 25% since a low in August and up 32% year-to-date, outperforming the Nasdaq 100 Index's gain of 23%. The positive momentum in the stock market follows the recent U.S. election, creating a favorable market environment for technology stocks.

Investors are increasingly optimistic about the performance of major technology companies, as demonstrated by Amazon's strong financial results and significant increase in stock value.