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Microsoft second most valuable U.S. company

Published 10/28/2018, 05:45 AM
© Reuters.  Microsoft second most valuable U.S. company
  • Microsoft (NASDAQ:MSFT) regained its spot as the second most valuable U.S. company on Friday after a disappointing quarterly report from Amazon (NASDAQ:AMZN) that wiped $65B off the online retailer's market capitalization.
  • Amazon had held the title since April, and was on its way to the $1T club, but the company is now worth less than its major cloud rival at $803B.
  • At the end of the day Friday, Microsoft's market cap stood at $821B.
  • Now read: Is Amazon The REIT Hedge?

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