The Most Valuable Company in the World title was with Microsoft on Friday. Over the weekend there a cease-fire in the Trade War between the USA and China. This gave more of a boost to Apple and Amazon on Monday. Amazon surged first past Microsoft. Apple finished the trading day back on top as the Most Valuable Company in the World. However, the three companies are closing bunched together.
Nearly a Three-Way Tie for Most Valuable Company in the World
Apple is at $877 billion.
Amazon is at $866 billion.
Microsoft is at $860 billion.
A 2% swing can put Microsoft back on top. A little over 1% superior Amazon stock performance compared to Apple would put Amazon on top.
Apple moved up about 3.5% today and Amazon 4.9% and Microsoft 1.1%. Normal stock volatility will easily allow any one of the three to move into first place.
Alphabet (Google) is at 771 billion and would need to move up 15% better than the other three.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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Hopefully it won’t resonate around the world like their last one. Such inconsiderate wankers.
Nice to see that both companies have peaked at $1T and now they are back. I believe.
I suspect inadvertently that they may not get back to $1T anymore.
It may be that the stock market in the US has peaked and that a recession may start soon.
I would not be too surprised