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As Microsoft Nears $2 Trillion Market Cap, Amazon Is Most Likely To Reach That Level Next

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The five biggest public companies by market cap are all tech and internet giants.

threshold in January 2020, after 23 years as a public company. In the event Amazon reaches the $2 trillion market cap later this year or early next it would have taken the company 24 or 25 years from its 1997 IPO to attain the status – a faster pace than Apple. Looking at future growth prospects, while some Wall Street analysts are concerned about the departure of Jeff Bezos as Amazon chief, Ben Dunbar, managing partner, Gerber Kawasaki Wealth & Investment Management, in Santa Monica, Calif.

”Cloud computing unit Amazon Web Services “continues to dominate, no one will ever give up their [Amazon] Prime [subscription] and the pandemic has pushed the focus on convenience. I want to watch TV , I need groceries , I need anything else .

 

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As Microsoft Nears $2 Trillion Market Cap, Amazon Is Most Likely To Reach That Level NextAs Microsoft nears $2 trillion market cap, Amazon is most likely to reach that level next
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