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Home > World Business Report > Update: Amazon Is The World's Most Valuable Public Company
Podcast: World Business Report
Episode:

Update: Amazon Is The World's Most Valuable Public Company
Category: Business
Duration: 00:18:13
Publish Date: 2019-01-08 17:43:00
Description: Amazon, formed 25 years ago, has eclipsed Microsoft to become the world's most valuable listed company. The online giant was worth $797bn (£634bn) when the US stock market closed on Monday after rising 3.4% and moved past Microsoft, valued at $789bn. Cynthia Stine of E-Growth partners gives her perspective on the company’s ascent. Also in the programme, the World Bank sees a global slowdown, but not yet cause for recession worries. We get a view on the US markets from Joe Saluzzi of Themis Trading in New Jersey. And finally, we hear how cannabis farmers across various states are being squeezed back into the black market.
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