Black Friday Sale is here!

Up to


off in software solutions and tools for a very limited time. Hurry up!

off in software solutions. Hurry up!



Amazon Becomes the Second Company After Apple to Join $1 Trillion Club

Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

Must Read

Shalini Chakraborty
Shalini Chakraborty
A literature enthusiast. Self-proclaimed feminist and loves to read on and about feminism. Avid thinker and writer of obscure feelings. Interested in photography and loves spending time on social media.

Apple, the favorite tech company, took the lead in becoming the first technology company to cross the market value of 1 trillion dollars. But the dark horse, Amazon, had quickly gained speed and overtook Apple recently. There was also a marked performance in August, with its share price rising by $235.27 and a market value of more than $110 billion.

On the last trading day of August, the US stock market closed on August 31, Amazon’s stock price was $2012.71, up to $10.33 from the previous trading day’s closing price of $2002.38, or 0.52%.

Also Read

On the last trading day of July, Amazon’s stock has reportedly closed at $1777.44, and while the last trading day of August saw the stock to close at $2012.71, which indicated an increase by $235.27, or 11.7%.

Amazon’s stock price increased by $235.27 in August, and it’s market value will naturally rise accordingly. Amazon’s market capitalization was $981.682 billion, based on the price at the close of last Friday, 31st August, the last day of August. Amazon’s market capitalization has already seen a rise in by $114.75 billion in the past August, basking our calculations on the retailer’s current 4.8774 billion shares.

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

“I think Amazon is firing on all cylinders,” Bill Baruch, president of Blue Line Futures, told CNBC’s “Trading Nation” in July. Amazon’s outperformance in its Web Services and Prime business segments has surprised and overwhelmed the Tech industry.

At the close of the US stock market on the last working day of August, the market value of the famous electric car manufacturer Tesla was 51.461 billion US dollars while the Amazon market value increased in August by more than twice the market value of Tesla.

Save up to 60% on OptinMonster

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

- Advertisement -
- Advertisement -


Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.


Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.


OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.


- Advertisement -
- Advertisement -