Amazon just passed Alphabet to become the world's second most valuable company
Publishing timestamp: 2018-03-20 19:44:46
Summary
Amazon has surpassed Alphabet to become the second most valuable company in the world, trailing only Apple. Amazon's stock has surged 85% over the past year, with investors betting on its profitable cloud computing business. Meanwhile, Facebook's market value has dropped below Berkshire Hathaway due to recent data misuse revelations. Microsoft is the fourth biggest company by market cap, followed by China's Tencent.
Sentiment: MIXED
Tickers: GOOGL, META, AAPL, AMZN, MSFT,
Keywords: alphabet inc, business news, mobile, amazon.com inc, social media, technology, microsoft corp, meta platforms inc, apple inc,