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Microsoft Beat Google"s Parent Company Alphabet To Become 2nd Most Valuable Company By $10b On Tuesday

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Microsoft passed Google’s parent company Alphabet in market value by $10b for the first time in six years on Tuesday. Google overtook Microsoft six years ago but over the last 12 months, Microsoft’s stock value has grown by about 40 percent which according to CNBC is five times Google’s (Alphabet’s) gain. As of Tuesday the 29 th of May 2018, Microsoft had a market value of $749b while Alphabet had $739b. Apple which is the most valuable by market capitalisation is now worth over $920b and is well on track to becoming the world’s first trillion dollar company .   Here’s more from CNBC ; Microsoft"s latest rally has been sparked by growth in its cloud-computing business, which is bigger than Google"s though it still trails Amazon Web Services. In March, Microsoft reorganized its Windows and Devices Group and moved its engineering resources into other units, including one focusing on cloud and artificial intelligence. Both Microsoft and Alphabet be...

Amazon Tops Alphabet, Is Now 2nd Most Valuable US-listed company

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[caption id="attachment_10702" align="alignnone" width="3888"]                                                       Photo by Jaap Arriens/NurPhoto via Getty Images [/caption] Amazon now second most valuable company  Amazon.com became the second most valuable publicly listed U.S. company, surpassing Google parent Alphabet Inc for the first time. Amazon the e-commerce giant’s shares rose up to  2.69 percent at $1,586.51, for a market capitalisation lifting stock market value to $768 billion. While Alphabet lost 0.39 percent, dropping its stock market value to $762 billion. Amazon"s stock has surged 81 percent over the past year, and which has increased their revenue growth as most people’s shopping has moved online and businesses has shifted their computing operations to the cloud, where Amazon Web Services leads the market. Amazo...