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Microsoft takes a historic step: second only to Apple!

Latest update time:2018-10-29
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Microsoft's stock has risen 13% since May this year, surpassing Amazon to become the second most valuable company in the United States.

The full text is 1232 words and takes 5 minutes to read.

Source: Fast Technology


On September 4, Amazon experienced a historic moment and became the second company in the United States to have a market value of over one trillion US dollars. On August 2, Apple first achieved this feat.


However, the stocks of the two trillion-dollar companies subsequently showed different trends. As of now, Apple's stock has risen by 4.4%, while Amazon's stock price has fallen by 20%. Amazon's market value, including the wealth of CEO Bezos, has shrunk.


Recently, according to foreign media reports, Microsoft’s stock has risen by 13% from May this year to date, surpassing Amazon to become the second largest company in the United States by market value.


Just last week, Amazon released its third-quarter financial report, with third-quarter revenue lower than expected, causing Amazon's stock price to plummet on Friday, giving Microsoft an opportunity.


However, even so, Microsoft is still some distance away from the iconic trillion-dollar market value, and Microsoft's stock needs to rise another 22% to achieve the trillion-dollar market value goal.



Disclaimer: The content of this article comes from Fast Technology, is not for commercial use, and the copyright belongs to the author. Any views in this article and any views in the content of this article are for communication and discussion purposes only, and do not constitute any investment advice, nor do they represent the position of this public account. Users who invest based on this article and any other views of this public account must bear their own risks and responsibilities. This public account does not assume any responsibility for any consequences caused by this.


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