Microsoft dethrones Amazon after losing $ 65 billion Financial



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Microsoft, in which co-founder Bill Gates still holds a substantial stake, amounts to $ 821 billion. The Seattle group has limited the damage on the stock market (-1.1%) and has increased 4% since last Wednesday, when the company aged forty, after its quarterly results, had canceled the expectations of all analysts concerning its quarterly results.

Established in April, the company founded in 1975 is more valuable than the former Amazon online store of Jeff Bezos, also owner of the Washington Post.

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Apple continues to lead the way. Market value of 1004 billion dollars. Amazon has already exceeded the $ 1 trillion limit. It seemed that the "old" technology company had definitely triumphed. But this year, over 18% of stocks have lost on the stock market.

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According to analysts, the huge data center of the online retailer and Amazon is even more valuable than in the Seattle giant: $ 1.08 billion vs. $ 963 billion dollars for Microsoft.

Many tech stocks ticked last week after Google's parent company, Alphabet, was weaker than investors expect. On Friday, the Nasdaq technology exchange resulted in an additional loss of 1.9%.

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"Older" companies like Microsoft, Apple, and Intel chip maker seem to be doing better now than younger technical issues such as Netflix, Amazon and Facebook

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