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Amazon Stock Essay

217 Words1 Pages
Amazon and the rest of Big Tech are on fire Today, April 27, 2018, Amazon stock shares have reach a 5% increase. They have reported amazing first-quarter results. AMZN which is Amazon’s stocks symbol has boosted the market value about $775 billion. The only stock similar that is beating them is Apple which is AAPL. Apple has a market value of almost $820 billion. Jeff Bezos, which is the founder of Amazon, is now worth $135 billion. He was already the world’s wealthiest person alive. Amazon has reported a tax rate under 15% compared to the most recent 24%. Technology companies such as Microsoft, Intel, Google, Facebook, and Netflix are now at an all-time high after this quarter. First, Microsoft (MSFT) and Intel (INTC) stocks also rose

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