• Amazon becomes 2nd company to reach $1 trillion in value

    20 days ago - By Review Journal

    Amazon has become the second publicly traded company to be worth $1 trillion, hot on the heels of Apple.
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  • Take some profit on Amazon, FAANGs, rotate into staples like Hormel, says Chad Morganlander

    20 days ago - By Reuters

    On the day Amazon's valuation hit $1 trillion, the senior portfolio manager at Washington Crossing Advisors tells Reuters' Fred Katayama it's time investors take some profit on high-flying momentum stocks and buy staples like P&G and Hershey.
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  • The rise of Jeff Bezos, who built Amazon into a $1 trillion company and became the richest person in modern history

    The rise of Jeff Bezos, who built Amazon into a $1 trillion company and became the richest person in modern history

    20 days ago - By Business Insider

    It's been an eventful few months of Jeff Bezos, founder and CEO of Amazon.
    In July, Bezos reached a new milestone: his net worth hit $150 billion, making him, as Bloomberg put it , the richest person in modern history.
    And then on Tuesday, Bezos and Amazon hit another milestone: Amazon briefly became the second US company to achieve a valuation of more than $1 trillion - though its market cap sunk just under the threshhold thereafter.
    That success hasn't come overnight, however. Bezos began his career in the hedge fund world in the 90s, then left a cushy job to launch his own...
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  • Amazon Becomes Second U.S. Company To Hit $1 Trillion Market Value Milestone

    Amazon Becomes Second U.S. Company To Hit $1 Trillion Market Value Milestone

    20 days ago - By Huffington Post

    It's stock recently doubled in price in just 10 months.
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  • Amazon at $1 Trillion Is More Dream Than Reality

    20 days ago - By Washington Post

    Its market value is a vision of the future, not the present.
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  • Amazon's Stock Value Has Crossed $1 Trillion, Joining Apple

    Amazon's Stock Value Has Crossed $1 Trillion, Joining Apple

    20 days ago - By NPR

    Amazon's stock value briefly topped $1 trillion on Tuesday, a little over a month after Apple crossed the same milestone. The giant online retailer has been consistently profitable since 2015.
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  • Amazon is 2nd US company to hit $1 trillion market value. Apple was first. Which is next?

    Amazon is 2nd US company to hit $1 trillion market value. Apple was first. Which is next?

    20 days ago - By Stl Today

    Amazon is second U.S. company to reach $1 trillion market value.
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  • Amazon joins $1 trillion club, on pace to overtake Apple

    20 days ago - By Reuters

    Amazon.com Inc on Tuesday joined Apple Inc in the $1 trillion club, becoming the second member of the group after its stock price doubled in 15 months.
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  • Amazon strikes $1 trillion market cap, 4 weeks after Apple did the same

    20 days ago - By Tech Crunch

    Amazon just joined the exclusive $1 trillion club .
    The e-commerce behemoth jumped above a trillion dollar market cap on Tuesday during intraday trading. It's share price hit an all-time high of $2,050.27 earlier this morning bringing its value above the massive, yet meaningless, milestone. The share price is bouncing around and is currently sitting below that number but the share price will inevitably rest above the number soon enough.
    Amazon was founded in 1994 with the lofty ambitions of taking on Borders and Barnes and Noble has completely rewritten the rules of retail in the couple...
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  • Amazon Hits $1 Trillion

    20 days ago - By Crossing Wall Street

    First, Apple made the $1 trillion market cap club. Now Amazon has joined.
    Here's a remarkable stat about Amazon. Since the IPO, the stock has gained 1%, on average, every 258 hours for 21 years. And what's even more amazing is that that includes a 95% price crash.
    Here's an article I wrote on Amazon for their 21st birthday.
    Amazon.com went public 20 years ago today. There was so much demand for Jeff Bezos's “online bookstore,” as it was then referred to, that the underwriters raised the offering price twice. They settled on $18 per share.
    There was some concern whether an online bookseller...
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  • Amazon Joins Apple in the $1 Trillion Club

    20 days ago - By Fortune

    Amazon.com Inc. shares rose as much as 1.9 percent, pushing the company briefly beyond a market value of $1 trillion, a milestone Apple Inc. reached last month.
    It's an accomplishment for Chief Executive Officer Jeff Bezos, who is the world's wealthiest person. Most notable was the speed with which Amazon hit the milestone, with its shares having more than tripled in the past three years. Tech competitors Google parent Alphabet Inc. and Microsoft Corp. are closing in on the mark, too.
    Bezos founded the company in his Seattle garage as a small online book seller. It's now a diversified...
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  • Amazon becomes a $1 trillion company, 1 month after Apple

    Amazon becomes a $1 trillion company, 1 month after Apple

    20 days ago - By Venture Beat

    Amazon has become the second U.S. company to hit a market capitalization of $1 trillion, after its share price briefly edged past the $2,050 mark this morning. The ecommerce giant's shares opened today at $2,026.50, but they quickly rose to a high of $2,050.50, before dropping again to around the $2,040 mark where it currently sits. Above: Am...
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  • Amazon becomes second publicly traded US company to reach $1 trillion in market value

    20 days ago - By Chron

    New York - Amazon becomes second publicly traded US company to reach $1 trillion in market value.
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  • Amazon is 2nd US company to reach $1 trillion market value

    20 days ago - By Chron

    NEW YORK - Amazon has become the second publicly traded company to be worth $1 trillion, hot on the heels of Apple.
    Amazon has revolutionized how people shop online and is the world's dominant internet retailer. In two decades the company expanded far beyond its bookseller beginnings, combining its world-spanning retail operation with less flashy but very profitable advertising and cloud computing businesses.
    The company's blowout success made its founder and CEO, Jeff Bezos, No. 1 on Forbes' billionaires list this year.
    The Seattle-based company has cemented customer loyalty through smart...
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  • Amazon becomes the 2nd US company to join the $1 trillion club

    Amazon becomes the 2nd US company to join the $1 trillion club

    20 days ago - By Business Insider

    Amazon is the second US company to reach a $1 trillion valuation, after Apple hit the milestone earlier this month.
    The stock gained 2% to hit the magic number of $2,050.27 per share on Tuesday.
    Follow Amazon's stock price in real time here .
    It's official: Amazon is the second American company to achieve a valuation of more than $1 trillion.
    Shares of the e-commerce giant gained about 2% in trading Tuesday to hit an all-time high of $2,050.27. Multiplied by the current number of shares outstanding - 487,741,189 - that puts the company's book value just over the same symbolic milestone...
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  • Amazon, Following Apple, Reaches $1,000,000,000,000 in Value

    20 days ago - By NY Times

    Apple became the first public company to be worth $1 trillion. Amazon hit the same milestone a month later, but the reasons for the e-commerce titan's rise are more complicated.
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  • Amazon hits $1 trillion market value milestone

    20 days ago - By Reuters

    Amazon.com Inc on Tuesday became the second U.S. company to reach $1 trillion in stock market value, just weeks after Apple Inc hit the same milestone on Aug. 2.
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  • Amazon becomes second publicly traded US company to reach $1 trillion in market value; Apple was first

    20 days ago - By Chron

    NEW YORK - Amazon becomes second publicly traded US company to reach $1 trillion in market value; Apple was first.
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  • Amazon becomes the 2nd US company to join the $1 trillion club

    Amazon becomes the 2nd US company to join the $1 trillion club

    20 days ago - By Business Insider

    Amazon is the second US company to reach a $1 trillion valuation, after Apple hit the milestone earlier this month.
    The stock gained 2% to hit the magic number of $2,050.27 per share on Tuesday.
    Follow Amazon's stock price in real time here .
    It's official: Amazon is the second American company to achieve a valuation of more than $1 trillion.
    Shares of the e-commerce giant gained about 2% in trading Tuesday to hit an all-time high of $2,050.27. Multiplied by the current number of shares outstanding - 487,741,189 - that puts the company's book value just over the same symbolic milestone...
    Read more ...

     

  • Amazon becomes the 2nd US company to join the $1 trillion club

    Amazon becomes the 2nd US company to join the $1 trillion club

    20 days ago - By Business Insider

    Amazon is the second US company to reach a $1 trillion valuation, after Apple hit the milestone earlier this month.
    The stock gained 2% to hit the magic number of $2,050.27 per share on Tuesday.
    Follow Amazon's stock price in real time here .
    It's official: Amazon is the second American company to achieve a valuation of more than $1 trillion.
    Shares of the e-commerce giant gained about 2% in trading Tuesday to hit an all-time high of $2,050.27. Multiplied by the current number of shares outstanding - 487,741,189 - that puts the company's book value just over the same symbolic milestone...
    Read more ...