Amazon’s market cap: $300 billion in profits: This company could reach a $10 trillion market cap, but it’s not Nvidia

The US stock market has been pretty active in recent weeks, with shares soaring after Nvidia’s valuation was off the charts, outpacing Apple and its competitors. Apple, Microsoft, and Nvidia are the only three companies with market capitalizations reaching $3 trillion, but reports of a significant jump in the valuation of technology stocks suggests that a fourth company may now dominate the market. .

Will Amazon beat Apple and Nvidia to become the most valuable company?

Amazon will emerge as the world’s most valuable company, surpassing the likes of Apple and Nvidia, with a market capitalization of $10 trillion, according to a Motley Fool report. The turf wars between tech stocks over the past two years have been incredible, but now it’s time to take things to the next level. First, even though U.S. investors had doubts about the profitability of Amazon’s e-commerce business, the company proved its critics wrong, with a blow to its vertically integrated online Through the market, they have managed to keep the ship running over time. Obstacle.

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Additionally, the Amazon Prime subscription business has been one of the company’s biggest sources of revenue for years. Additionally, Amazon currently generates $54 billion in advertising revenue annually, according to a Motley Fool report.

FAQ:

What are the most valuable companies in the world?
As of the latest report, Apple and Nvidia are the most valuable companies in the world when considering market capitalization. What products does Nvidia sell?
Nvidia primarily focuses on designing and manufacturing graphics processing units (GPUs) and system-on-chip units (SoCs) for the gaming and professional markets.