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When trades were closed on July 11, Amazon's capitalization was $ 355.7 billion, while Berkshire Hathaway’s - $ 354.9 billion. The publication notes that Amazon’s quotes have been constantly increasing and updating the historical highs from mid-May.
The most expensive company in the world is Apple, which market capitalization on 11 July was $ 531 billion. The corporation is followed by Google’s Alphabet, worth $ 491 billion. In February this year, Alphabet managed to overtake Apple and became the most valuable company in the world. The holding’s shares rose 9% after the company published its report for the last quarter of 2015. Alphabet’s market cap now amounts to $ 570 billion.
According to experts, the stock exchange will soon get a new player - Saudi Arabian Oil Company (Saudi Aramco), which is apparently become the world’s most expensive company. Future capitalization of the oil giant's is now estimated at $ 2.5 trillion.
It looks like the US online retailer Amazon is only few steps away from entering the world’s top five most expensive companies. If it ultimately succeeds, then Amazon will be the world's first online store, which managed to enter the top five largest publicly traded companies.
It is worth noting that Amazon success is perfectly reflecting steady growth of the e-commerce market, which continues to gradually replace the traditional shops.
According to a study conducted by Remarkety’s experts, Amazon continues consider the United States of America a key market. It should be noted that the US today is the second largest market for e-commerce in the world, assessed at 349.06 billion US dollars roughly. At that, about 72% of small US companies are not currently represented in the online trade. This fact opens up an enormous potential to develop Amazon’s own brand.
The Internet retailer now really feels great. According to the I quarter’s results, the company was able to show a record profit - $ 513 million, well above analysts' expectations. Sales also showed an increase of 28% compared to the same period of 2015, and amounted to $ 29.1 billion. Sales of both US and international divisions increased by 30%. The company’s fastest growing division has become a cloud service Amazon Web Services : its sales increased by 64% in January-March to $ 2.6 billion.
Now, the US stock market is near all-time highs, and the movements look very contradictory. For example, recently there were reports that the US equity funds have seen outflows for 17 consecutive weeks. That is, there is some kind of manipulation. However, for the stock market, particularly the US, this is a normal.
Take, for example, the Nasdaq tech index, which includes Amazon as well. It has shown growth for 8 of the last 9 trading sessions. In fact, this was the best nine-day stretch from October 2011.
A few more numbers: the mark of 5000 points was broken the first time since December 31, 2015.
source: marketwatch.com
The most expensive company in the world is Apple, which market capitalization on 11 July was $ 531 billion. The corporation is followed by Google’s Alphabet, worth $ 491 billion. In February this year, Alphabet managed to overtake Apple and became the most valuable company in the world. The holding’s shares rose 9% after the company published its report for the last quarter of 2015. Alphabet’s market cap now amounts to $ 570 billion.
According to experts, the stock exchange will soon get a new player - Saudi Arabian Oil Company (Saudi Aramco), which is apparently become the world’s most expensive company. Future capitalization of the oil giant's is now estimated at $ 2.5 trillion.
It looks like the US online retailer Amazon is only few steps away from entering the world’s top five most expensive companies. If it ultimately succeeds, then Amazon will be the world's first online store, which managed to enter the top five largest publicly traded companies.
It is worth noting that Amazon success is perfectly reflecting steady growth of the e-commerce market, which continues to gradually replace the traditional shops.
According to a study conducted by Remarkety’s experts, Amazon continues consider the United States of America a key market. It should be noted that the US today is the second largest market for e-commerce in the world, assessed at 349.06 billion US dollars roughly. At that, about 72% of small US companies are not currently represented in the online trade. This fact opens up an enormous potential to develop Amazon’s own brand.
The Internet retailer now really feels great. According to the I quarter’s results, the company was able to show a record profit - $ 513 million, well above analysts' expectations. Sales also showed an increase of 28% compared to the same period of 2015, and amounted to $ 29.1 billion. Sales of both US and international divisions increased by 30%. The company’s fastest growing division has become a cloud service Amazon Web Services : its sales increased by 64% in January-March to $ 2.6 billion.
Now, the US stock market is near all-time highs, and the movements look very contradictory. For example, recently there were reports that the US equity funds have seen outflows for 17 consecutive weeks. That is, there is some kind of manipulation. However, for the stock market, particularly the US, this is a normal.
Take, for example, the Nasdaq tech index, which includes Amazon as well. It has shown growth for 8 of the last 9 trading sessions. In fact, this was the best nine-day stretch from October 2011.
A few more numbers: the mark of 5000 points was broken the first time since December 31, 2015.
source: marketwatch.com
