Amazon Becomes Second U.S. Company to Hit $1 Trillion, Expected to Eclipse Apple
http://www.newsweek.com/amazon-becomes-second-company-hit-1-trillion-expected-eclipse-apple-1105859
Amazon's Jeff Bezos laughs as he talks to the media while touring the new Amazon Spheres during the grand opening at Amazon's Seattle headquarters in Seattle, Washington, U.S., January 29, 2018. The company passed a $1 trillion valuation this week. REUTERS/Lindsey Wasson Share Tech & Science Amazon AppleAmazon became the second U.S. company to hit $1 trillion in value on Tuesday, mere weeks after technology giant Apple passed the same financial milestone.
Shares of the retail and cloud computing company spiked to $2,050.50 in morning trading, just sneaking past the number needed for a $1 trillion valuation, $2,050.27. By close of business, Amazon stock had fallen again, leaving the company worth $995 billion, CNBC reported.