Microsoft Overtakes Amazon As Second Most Valuable U.S. Company

Entertainment (now)
Entertainment (now)
  • 6 years ago

Microsoft regained its spot as the second most valuable U.S. company on Friday after a disappointing quarterly report from Amazon.com wiped $65 billion off the online retailer’s market capitalization.

Apple tops the list at over $1 trillion after crossing that threshold in September. Microsoft’s market capitalization was Wall Street’s highest in late 1998 through early 2000 before the dot-com bubble burst.
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