Original title: Amazon surpasses Microsoft to become the largest listed company in the United States by market capitalization
Amazon surpassed Microsoft to become the largest listed company in the United States by market capitalization
Amazon has eclipsed Microsoft as the most valuable publicly traded company in the US as a see-sawing stock market continues to reshuffle corporate America's pecking order.
As the volatile stock market continues to refresh the rankings of US companies, e-commerce leader Amazon surpasses Microsoft to become the largest listed company in the US by market capitalization .
The shift occurred Monday after Amazon's shares rose 3% to close at $1,629.51 and lifted the e-commerce leader's market value to $797 billion.
This change appeared on Monday, after Amazon's stock price rose 3% to close at $1629.51, increasing its market value to $797 billion.
It marks the first time Amazon has held the top spot and ends Microsoft's brief return to the pinnacle after it surpassed Apple in late November.
This marks the first time that Amazon has won the top market value list, ending the situation where Microsoft briefly occupied the top spot since it surpassed Apple at the end of November last year.
Expand full text
Microsoft's stock edged up by less than 1% to finish at $102.06, leaving the computer software maker's value at $784 billion.
Microsoft’s stock price rose less than 1% to close at $102.06, bringing the computer software maker’s market value to 784 billion. US dollars.
Apple, which had been part of a close three-way race for the seat, is now down to about $702 billion in market value after plunging last week on the news of its weak iPhone sales.
Apple, as one of the three-way rivalry for hegemony, its market value has now fallen to about 702 billion U.S. dollars. After the news of weak iPhone sales was revealed last week The market value has fallen.
Google parent company Alphabet has surpassed Apple with a market value of about $748 billion.
Google parent company Alphabet has surpassed Apple with a market value of about $748 billion. It surpassed Apple with a market value of approximately $748 billion.
Return to Sohu to see more