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One Year After Surpassing Walmart, Amazon Is Now Bigger Than Berkshire

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By Tyler Durden

Jeff Bezos has marked another milestone. Nearly one year to the day following Amazon’s surpassing of Walmart’s market capitalization on the heels of a great report on AWS (Amazon Web Services) growth numbers, Amazon has surpassed another American business icon’s market capitalization, that of Warren Buffett’s Berkshire Hathaway…

Notably tomorrow is Amazon Prime Day 2016.

Leaving the big question – when does Amazon rise to Apple’s market cap level or will Apple fall to Amazon’s market cap level? Place your bets…

Charts: Bloomberg

…read more

Source: One Year After Surpassing Walmart, Amazon Is Now Bigger Than Berkshire

    

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Posted July 12th, 2016 in Uncategorized.

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