After several close calls, Amazon US:AMZN officially became the fourth tech company to join the $1 trillion club Tuesday.
The e-commerce giant has touched $1 trillion on Monday and last week, but failed to maintain the valuation through the close.
It also was above $1 trillion in intraday trading last July and on Sept.
Is Amazon still a trillion dollar company?
Amazon, now worth around $915 billion, is on pace to join the trillion-dollar club soon, assuming its good fortunes continue. And speaking of fortunes, these four tech giants are now worth a combined $4 trillion; up from a mere $700 billion at the start of the decade.
Is Google a trillion dollar company?
Share All sharing options for: Google parent Alphabet is now a $1 trillion company. Google’s parent company Alphabet ($GOOG) is now the fourth US company to hit a market cap of $1 trillion. It hit the number just before markets closed on Thursday, ending the day’s trading at $1,451.70 per share, up 0.87 percent.
How did Amazon become a trillion dollar company?
Amazon has become the second U.S. public company to cross the $1 trillion valuation threshold this year. Amazon shares hit $2,050.49 shortly before noon on Tuesday, bringing the company’s value above $1 trillion before declining slightly. Apple became the first $1 trillion company last month.
Who are the trillion dollar companies?
First 1 trillion dollar market capitalization companies
|First Passed trillion dollar Date||Company||Record value (in billions USD)|
|5 November 2007||PetroChina||1000|
|4 August 2018||Apple Inc.||1426|
|4 September 2018||Amazon||1000|
|7 June 2019||Microsoft Corp.||1400|
2 more rows