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Amazon emerges as the most valuable US company

Surpassing Microsoft as the world’s most valuable public company, Amazon has been named as the most valuable publicly-traded company in the US with a market value of $796.8bn. Microsoft closed up 0.1 per cent on Monday with a market capitalization of $783bn. It is the first time that Jeff Bezos’ Amazon has held the top spot. Bezos is the world’s wealthiest man with riches of...

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