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A ‘Magnificent’ Monday
The Wall Street Journal54d agoneutral
A ‘Magnificent’ Monday

Here's a look at the Magnificent Seven tech stocks, which are on quite a roll. The megacap stocks have added about $800 billion in market cap today alone, adding to about $1.1 trillion over the past two trading sessions, according to Dow Jones Market Data.

Microsoft Races Ahead Of Google In The Cloud
24/7 Wall St.54d agoneutral
Microsoft Races Ahead Of Google In The Cloud

The cloud war between Microsoft, Google, and Amazon is reshaping how AI gets built and deployed, and the gap between the three giants may surprise you. Hundreds of billions of dollars hinge on which platform corporations trust with their future.

Alphabet’s stock splits: History & prospects explained
TheStreet54d agoneutral
Alphabet’s stock splits: History & prospects explained

Alphabet was founded as Google in Menlo Park, California, in 1998, and its original name quickly became synonymous with the concept of the internet search engine. The company went public in 2004, and more than two decades later, it’s the third-largest company by market capitalization, with its ...

Amazon Hits $3 Trillion Market Cap for the First Time as Stock Heads Toward Record
Barrons.com54d agoneutral
Amazon Hits $3 Trillion Market Cap for the First Time as Stock Heads Toward Record

Amazon shares jumped 5.3% to $285.73 Monday and were on pace for a new all-time closing high, according to Dow Jones Market Data. Amazon also hit a market value of $3 trillion for the first time ever on Monday. It’s the fifth company to reach this milestone, after Apple Microsoft Nvidia and Alphabet Amazon first closed above a $1 trillion market cap on Feb. 4, 2020 and notched a $2 trillion market cap on June 26, 2024.

The Toll of Apple’s Losing Streak
The Wall Street Journal54d agoneutral
The Toll of Apple’s Losing Streak

$500 billion That's the approximate amount of market cap lost by Apple since its four-session losing streak started Wednesday. The iPhone maker had just reclaimed its market-cap crown earlier in the week, but it has now slipped back to third among U.