Amazon Surpasses Microsoft as the Most Valuable Company
It has now been almost two months since Microsoft captured the most-valuable-public-company title from Apple. This is the first time Microsoft is ending the year as the world’s highest valued public company since 2002. Now it is Amazon’s turn to be at the top.
The 24-year-old company surpassed Microsoft as the world’s most valuable public company on Monday 7th January 2019, closing the trading day with a market value of $796.8 billion, whereas Microsoft just surpassed Apple to take over the top spot worth $783.4 billion.
According to CNN, Amazon rose by 1% on Tuesday 8th January 2019, taking its value to almost $810 billion compared with Microsoft at $790 billion. The founder of