Amazon’s valuation briefly surpassed $1 trillion

Amazon briefly reached a market cap of over $1 trillion earlier today, becoming the second US-based company to cross the mark after Apple, which also hit the 13-digit number back in August, via CNBC.
The company’s stock reached a record high of $2,050.50 per share earlier today, which was enough to propel it past the $2,050.27 threshold it needed to cross the $1 trillion mark, although the price has since dropped back down. Given the volatile nature of the stock exchange and the fact that