Google position is overtaken by Amazon

News24xx.com - Quoted from CNN Money on Friday March 23 2018, Amazon now rising to became the second most valuable company in the United States. This is because the owner of Amazon, Jeff Bezos is said to be the richest man in the world.

The other company of Google, Alphabet, which was previously in second position, has been displaced by Amazon. 

Now, the shares of Google fell about 0.39 percent or lower USD 3 billion than Amazon, which its shares amounted to USD 768 billions. While the first position is still held by Apple that reached until USD 889 billions.

Amazon has been famous since some time ago. In early 2018, Amazon has replaced Microsoft which is currently in the fourth position. Its valuation reached until USD 720 billions. 

Google acknowledges there are companies from Russia who buy ads from YouTube, Gmail, and some companies that owned by Google during the US President Election 2016. It was revealed in 2017, which concerns the Google investors untill now.

In addition, other factors may be assessed from cases of data stealing experienced by Facebook in some time ago. And this also affects the Alphabet stock value.

Facebook and Google is both of the rulers in digital advertising world, which means they have very large user data.

 

 

 

 

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