Amazon 2nd Most Valuable Company in the World

posted by Mary Ayala -


Amazon has become the 2nd most valuable company in the world behind only Apple. 

Amazon passed Google's parent company, Alphabet, this week by lifting its stock market value to $768 billion. Their stock has risen 85% over just the last 12 months. 

Meanwhile, Facebook's market value continues to fall after more bad news this week. They are now valued as the 7th most valuable company below Berkshire Hathaway.  

You can read more about the story at CNBC.

Photo Credit: Getty Images

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