Amazon Becomes the Second Company
to Reach $1 Trillion Milestone The company, lead by CEO Jeff Bezos, Apple was the first company to hit
the $1 trillion mark in early August. Amazon hit $900 billion in July
following its biggest Prime Day ever. Analysts cite the company's
"ever-diversifying portfolio"
as a main driver of its value. Gene Munster, Loup Ventures, via CNBC Amazon shares rose
nearly 2 % in Tuesday
morning trading. The company's stock has
more than doubled
in the last 12 months.
