market capitalization

The software giant Microsoft has reportedly reacquired its position as the second most valuable US company on Friday. This happened after Amazon showed a disappointing quarterly report as the company wiped $65 billion off the online retailer's market capitalization. The company that tops the list is Apple with over $1 trillion after crossing that threshold in September. Microsoft's market capitalization was Wall Street's highest in late 1998 through early 2000 before the dot-com bubble burst. The shares of Amazon reduced 7%, the most in nearly three years after its holiday season sales outlook missed targets. Microsoft fell a more modest 2% in a broad technology sell-off that was also driven by a weaker-than-expected report from Google-parent Alphabet, leaving the Nasdaq down 2.1% at...

The total market capitalization of the top 100 global companies has risen up by 15 percent since last year to $20 trillion. The US stood at the leading position with 54 companies on the list. In terms of the absolute rise in market capitalization, the best and the strongest performer was Amazon gaining $278 billion or 66 percent in the value compared to the previous year. The companies that come after the e-commerce giant are the two Chinese companies - Tencent, up by $224 billion or 82 percent, and Alibaba, up by $ 201 billion or 75 percent. The next three highest performers in absolute terms are all from the US including Microsoft, Alphabet and Apple. According to the reports, the total capitalization of the top 100 global companies has grown on an annualized basis, since the gl...

Tag: market capitalization

Microsoft Surpasses Amazon to Take the Spot of Second Most Valuable US Company

Market Capitalization of 100 Global Companies Rises To $20 Trillion