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Amazon is the largest online retailer in the world by market capitalization. Amazon Prime Video is the second-largest streaming service in the world, with over 205 million subscribers.
Bank of America’s latest Global Research report designates Amazon as one of the best Internet stocks for 2022.
The tech giant has gained roughly $423.7 billion in market cap since the beginning of its winning streak. ... Amazon CEO Andy Jassy on stage at the 2022 New York Times DealBook on Nov. 30, 2022 ...
3 January 2022: 14 December 2023: 3,081 3,208 Nvidia: 30 May 2023: 23 February 2024: 5 June 2024: 5 June 2024: 3,000 3,000 Saudi Aramco: 11 December 2019: 12 December 2019 — 10 May 2022: 2,463 2,564 Alphabet: 16 January 2020: 8 November 2021 — 26 April 2024: 2,150 2,150 Amazon: 4 September 2018 — — 11 April 2024: 1,970 1,970
In August 2020, Apple became the first publicly traded U.S. company in history to reach a market capitalization of $2 trillion. In January 2022, Apple became the first publicly traded U.S. company in history to reach a market capitalization of $3 trillion. In January 2023, Apple fell below $2 trillion.
Amazon was founded on July 5, 1994, by Jeff Bezos in Bellevue, Washington. [6] The company originally started as an online marketplace for books but gradually expanded its offerings to include a wide range of product categories. This diversification led to it being referred to as "The Everything Store". [7]
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