Amazon, following Apple, became the second technological company in the world, which reached a capitalization of $ 1 trillion - on Tuesday it was the price of its shares exceeded $ 2050, now they are traded just below this mark:

Source: Yahoo Finance

The condition of the owner of Amazon and the richest person in the world, Jeff Bezos, grew to $ 166 billion.
In 2018, the Amazon shares have increased by 70%, and over the past 12 months the company has more than doubled. CNBC connects such a rapid growth with the general condition of the American market - the S&P 500 index increased by 8%this year, and in 12 months - by 16%.
Another reason is the super -assigned July Amazon Prime Day (special sale on Amazon by analogy with Black Friday), during which the company's capitalization exceeded $ 900 billion.

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In early August, Apple overcame the mark of $ 1 trillion. Before her capitalization, only one company in the world and only for one day reached it for $ 1 trillion - it was the Chinese oil company Petrochina in January 2007, immediately after its IPO.
The third largest technological company in the world - Microsoft - is estimated at $ 852 billion.

Artem Gubenko

Amazon capitalization reached $ 1 trillion

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