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Why Amazon Could Beat Apple to the $1 Trillion Mark

Sean Allen
Why Amazon Could Beat Apple to the $1 Trillion Mark

On July 18, Amazon (AMZN) stock briefly touched a market cap of $900 billion as it reached an all-time high of $1,858.88 prior to closing at $1,842.92, ending the day with a market cap of ~$895 billion. Amazon is just an 11.7% rally away from the $1 trillion mark. Amazon stock has been on a tear lately despite choppy broader markets due to the escalating trade war between the United States and China.