For the First Time Amazon shares exceed Microsoft

For the first time, Amazon's share value surpassed Microsoft's share value. Before rising up to 3.8 percent, Jeff Bezos's company shares had dropped to 1.14 percent to make the market capitalization to be worth US $ 690.4 billion or equivalent Rp9.399 quadrillion.

Unlike Amazon, Microsoft shares actually weakened and fell to 1.83 percent. The company's market capitalization initiated by Bill Gates is only slightly different from Amazon, which is US $ 690.3 billion or equivalent to Rp9.397 quadrillion.

The rise in stocks was the highest for the giant e-commere company. This is due to the rapid growth in retail and cloud computing and made stock increases 77 percent higher than last year's 2017.

Meanwhile, Apple Inc. remains the largest market capitalization holder with a value of US $ 819 billion or equivalent to Rp11.1 quadrillion. Following below there is a parent company Google, Alphabet.Inc who reached a figure of US $ 736 billion or equivalent Rp10 quadrillion as reported by Reuters on Thursday (8/2)