The capitalization of Amazon.com on Tuesday briefly reached $1 trillion, Reuters reports. For the year, company's shares rose more than 2 times - by 74.5%. On Tuesday, the Amazon stock price reached 2 thousand 50.5 dollars, but at the closing, it amounted to 2 thousand 39 dollars 51 cents. The agency writes that at such rates of growth of shares, the market value of Amazon will exceed Apple, which capitalization on August 2 was more than $1 trillion. It is noted that it took 38 years for Apple to reach 1 trillion dollars, whereas Amazon - only 21 years. According to analysts, Amazon's profit growth in 2018 will be 32%, Apple - 14.9%.
Asian shares to record first monthly loss on bond rout26.03.2021
Gold retreats to record its first weekly decline in three as U.S. Treasury yields rise23.03.2021
U.S. air travelers surpass 1.5 million for first time in a year08.03.2021
Brent spikes over $70 for first time since start of pandemic, Saudi facilities attacked