Amazon and Microsoft Market Values Climb Nearly $445 Billion After Midterms
Photo: TokenPost
Amazon and Microsoft’s market values rose by nearly $445 billion in morning trading Nov. 4, as investors weighed the U.S. midterm results alongside demand for cloud services. Both companies’ shares approached intraday records. Microsoft accounted for about $250 billion of the combined increase, with Amazon making up the rest. Amazon shares rose between 7% and 7.7% during the session, while Microsoft gained between 5% and 7%. The vote left both chambers of Congress under Democratic control.
Source: TokenPost
