Jamie McKane
MyBroadband Journalist
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Amazon closes in on $1 trillion
Amazon.com Inc. is headed for its biggest gain in four months, pulling within $26 billion of becoming America’s second trillion-dollar company, after Morgan Stanley said sales growth remains strong.
The rally extends a run in which Jeff Bezos’ online superstore has surged almost 550 percent since the end of 2014, adding roughly $800 billion to its market value.
[Bloomberg]
Amazon.com Inc. is headed for its biggest gain in four months, pulling within $26 billion of becoming America’s second trillion-dollar company, after Morgan Stanley said sales growth remains strong.
The rally extends a run in which Jeff Bezos’ online superstore has surged almost 550 percent since the end of 2014, adding roughly $800 billion to its market value.
[Bloomberg]