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Old July 28th, 2017 #1
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Default Facebook and Amazon hit $500 billion milestone

Facebook and Amazon hit $500 billion milestone

Facebook and Amazon have joined an exclusive club open to only the richest companies in the world: both crossed the half-a-trillion mark.

Facebook (FB, Tech30) exceeded $500 billion in market value for the first time ever Thursday morning as Mark Zuckerberg's company continued its rapid ascent. Amazon (AMZN, Tech30) hit the $500 billion milestone for the first time on Wednesday.

Only three companies, all in the tech industry, are worth more right now: Apple (AAPL, Tech30) ($798 billion), Google parent company Alphabet (GOOGL, Tech30) ($667 billion) and Microsoft (MSFT, Tech30) ($571 billion).

http://money.cnn.com/2017/07/27/inve...zos-zuckerberg
 
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