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Showing posts with the label market capitalisation

Apple Makes History As The First Trillion Dollar Company By Market Cap

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Apple shareholder and investors went to bed knowing that a trillion dollar valuation was within reach but what we didn’t know was the way. Well that say is today as Apple became the first company ever to hit the coveted one trillion dollar market capitalisation mark and yes you heard right, the twelve zeros milestone has been reached by the iPhone maker. This is a Wall Street history indeed. It briefly hit the $1 trillion mark when earlier today it share price was $207.05 and it was made official when Howard Silverblatt, senior index analyst at S&P Dow Jones Indices said “Apple has gone where no company has gone before.” Apple shares have been up nearly 20 percent since the year began as the American stock market has continued to soar. Other companies looking to hit the milestone include Amazon whose market capitalisation is now about $877b with Google and Microsoft following closely behind at $858b and $817b respectively. Read more: Apple Races To Become The First...

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...