/ / / For a brief moment today, Amazon was the most valuable publicly traded U.S. company

For a brief moment today, Amazon was the most valuable publicly traded U.S. company

The other day, Microsoft had a brief run as the most valuable publicly traded company in the states, ending Apple's long reign on top. This happened because Apple's shares have declined 20% as talk grew about cuts in 2018 iPhone production. Earlier today, a new front runner briefly emerged when Amazon surged to the top of the leaderboard. At that point, Amazon was valued at $865 billion versus the $864.8 market capitalization belonging to Apple.

As we write this, Apple has returned to its position as most valuable, with Amazon second and Microsoft third. Earlier this ...

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