the race towards 1000 billion valorization



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With $ 939 billion, Apple is the most expensive listed company in the world. But in recent months, Amazon has made a beautiful "remontada."

Apple and Amazon replay the fable of the hare and tortoise version Gafa? While the former dominated the stockmarket marathon to break the $ 1 trillion valuation mark on Wall Street, the second accelerates.

With $ 939 billion, Apple is the most expensive listed company in the world. The publication of his quarterly results on Tuesday may help him to cross the line first. But in recent months, Amazon has operated a beautiful "remontada". Last Friday, its market capitalization even increased to $ 917 billion, before ending at $ 882 billion, thanks to quarterly numbers welcomed by investors.

On their heels, a platoon consisting exclusively of other giants of new technologies: Alphabet, the parent company of Google (866 billion), or Microsoft (827 billion). Facebook (505 billion) is, for the time being, out of play, victim of a spectacular fall of nearly 120 billion dollars of market capitalization after the diffusion of its results last week. As for the first actors of the traditional economy, it is useless for them to hope to win the title which was worth 1 000 billion. Relegated to the rank of mere spectators, billionaire Warren Buffett's holding, Berkshire Hathaway (492 billion), as well as the $ 395 billion JPMorgan Chase bank, are content to watch the race from the aisle. So far, only the state-owned company PetroChina has very briefly exceeded this milestone of 1 trillion during its IPO in 2007. Apple and Amazon may well transform the test more sustainably.

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