• Microsoft overtakes Amazon as world’s 2nd most valuable company

    Microsoft overtakes Amazon as world’s 2nd most valuable company

    Published Date : 27-Oct-2018 10:46:30 IST

    Software giant Microsoft has reclaimed its spot as the world’s second most valuable company after overtaking e-commerce giant Amazon in market value on Friday. Amazon lost $68 billion in market capitalisation on Friday after reporting a disappointing forecast for fourth quarter sales. Microsoft is currently worth $821 billion while Amazon’s value fell to $801.3 billion.

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