October 23, 2015 Comments Off on Are Amazon and Facebook Worth $300B Each? Views: 593 California News, National News

Are Amazon and Facebook Worth $300B Each?

If the winds of the stock market keep going in a certain direction, two of the biggest tenants in California, Amazon and Facebook, could be worth some serious money.

Facebook happens to be trading at over $100 per share right now, and Amazon.com is performing strongly because of a profit bump the e-commerce giant just announced. This would put both tech firms at a $300-billion value.

Microsoft and Alphabet (What Google is now called to confuse the entire planet.) are both capped at more than $300 billion. Apple, of course, is the king, with a $659-billion market cap.

Read More at WSJ.com

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