Amazon becomes second company to reach $1 trillion market cap

Amazon has finally nailed the $ 1 trillion valuation target. The company, which has diversified its business from selling books online in the mid-90's, to creating the eReader market, spearheading cloud services with AWS, upending retail with its formidable online stores and changed the world with its massive A.I. and voice assistant technology,

Amazon seized the vaunted $1 trillion valuation earlier today, around a month after Apple Inc. became the first technology company in history to do so. Amazon’s stock fell back to the stratosphere late Tuesday with a market value of $995 billion. The company's shares were up 1.3% at $2,039.51.

Click to read more ...

Apple becomes first tech company to be valued at $1 trillion

By Gadjo Cardenas Sevilla

Today is a momentous day for Apple as it becomes the first publicly traded company to be valued at $ 1 Trillion dollars. Apple Inc., was founded 42 years ago by Steve Jobs and Steve Wozniak and saw a string of successes that made it a lynchpin of Silicon Valley.

Apple also suffered various years of gross mismanagement and was 90 days away from bankruptcy at one point before the return of Steve Jobs and the resurgence of Apple as a brand in the late 1990's up to the launch of the iPod, the iPhone and various other groundbreaking technologies.

Click to read more ...