Stock Alert: Alphabet Inches Past Amazon in Market Cap. Only Apple and Microsoft Are Ahead.
In a reshuffling of the pecking order in big tech, Alphabet has inched past
Amazon.
com to become the third-largest U.S.-traded public company by market capitalization.
Apple
(ticker: AAPL) remains the most valued U.S.-traded company, at $2.1 trillion, with
Microsoft
(MSFT) second on the list at $1.9 trillion. On Friday, Alphabet (GOOGL) inched up 2% to $1.623 trillion, a smidgen ahead of Amazon (AMZN) at $1.617 billion. The valuation gap between the two companies has been narrowing throughout…
