Apple Becomes World’s Most Valuable Co. (After Saudi Aramco), Amazon CEO Jeff Bezos $7B Richer As Earnings Pump Stocks

at an antitrust hearding on Capitol Hill on Wednesday to explore whether these companies are too big and should be broken up. The executives argued that they face stiff competition across their businesses and anyway do much more good than harm.

Shares of Amazon closed up 3.7% at $3,164 — off its high for the day of $3,244. Founder and chief executive Jeff Bezos owns 11% of the company, meaning his net worth surged by around $7 billion in a day, according to calculations by MarketWatch. Amazon reported sales of $88.9 billion for the quarter. It ended the day with a market cap of about $1.6 trillion.

robertliefeld Price or Value !?

Been there done that. This is a dumbe race.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Apple tops Saudi Aramco as most valuable publicly listed companyApple Inc's stock hit a record high on Friday after reporting blockbuster quarterly results, helping the iPhone maker briefly overtake Saudi Aramco to become the world's most valuable publicly listed company. Thanks still a long way to go😊
Fonte: Reuters - 🏆 2. / 97 Leggi di più »

Option traders are bracing for big post-earnings moves from Amazon, Apple and FacebookNew for subscribers: Option traders are bracing for big post-earnings moves from Amazon, Apple and Facebook Check out CNBCPro for a free trial. Pro Always wondered how much money do options traders actually make. I'm talking regular people (not professionals) who want to beat the market.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »