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Amazon hit $1 trillion mark faster than Apple

Amazon has become the only 2nd company to join the trillion-dollar valuation club. On August 2, Apple became the 1st company to enter $1 trillion club. The shares of Amazon rose by nearly 1.9%. It is worth noting that Amazon just took 21 years to reach here, whereas Apple took 38 years. If the shares of Amazon keeps on rising like this, it will not take too long for the company to replace Apple at 1st position.