Amazon is giving Apple a run for its money

It was 2011 when Apple first passed ExxonMobil to become the biggest company on the market, and it’s barely been challenged since. Apple’s $833 billion market cap puts it well ahead of its nearest competitors. But a pack of richly valued technology companies is vying to give Apple a run for its money—and Amazon is in the lead.

Amazon’s stock surged up to 7% in extended trading today (April 26), after the company smashed estimates for first-quarter earnings. Amazon reported earnings...

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