03 Feb 2018

Amazon Inc’s shares surged on Friday, February 2, pushing its stock market value above $700 billion and threatening to eclipse Microsoft Corp, a day after the online retailing behemoth reported blockbuster results. Amazon’s stock was up 3.7 per cent at $1,441 per share in afternoon trade, on track for a record high close and putting its market capitalization at $701 billion. The stock t...