The US stock market rally has made two US company stocks to hit $1 trillion mark in market cap this August. First the smart-phone major Apple won the accolade on August 2nd after having presence of almost 38 years. Soon after, in a brief time of just 21 years Jeff Bezos' online marketplace Amazon has hit the milestone after its stock breached levels of $2,050.27 in intra-trade yesterday.
Amazon Becomes Second US Company To Hit $1 Trillion In Market Cap
With the new landmark, the company's market hit reached a figure of $ 1 lakh crore on the basis of total outstanding shares of 487,741,189. The rally in Amazon's stock price by a rough 1% triggered the company to reach this new milestone.
Given the stock market run so far in this year, wherein the stock price of Amazon has almost doubled, it will not be far when the company's stock valuations will surpass that of Apple.
The two other tech giants to soon cross this landmark are Microsoft and Google.
Goodreturns.in
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google