Internet behemoth Amazon AMZN set a new record on Friday when its stock reached the largest increase in market capitalization in history during one day’s trading session. The previous record for a one-day market cap gain globally was the increase of $597 billion in November 2007 by PetroChina Co. The company now has the fourth largest market cap after fellow tech giants Apple (AAPL) – Get Apple Inc. Report, Microsoft (MSFT) and Alphabet (GOOGL) have the number seven spot. The stock market closed mixed Friday as better-than-expected earnings reports boosted investor sentiment and Amazon contributed to the Nasdaq’s gain. Facebook parent Meta Platforms lost $237 billion on a 26% loss after a disappointing earnings report on Thursday. . . .
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