Amazon Muscles In on Microsoft-Apple Fight for Top Market Value

(Bloomberg) -- Amazon.com briefly became the world's most valuable company Monday.

The online retailer surged 5.2 percent at its highs, pushing its market capitalization past $870 billion. That briefly topped Microsoft for the most in the world, a title the software maker stripped from Apple last week for the first time in 8 years.

To contact the reporters on this story: Sarah Ponczek in New York at sponczek2@bloomberg.net;Luke Kawa in New York at lkawa@bloomberg.net

To contact the editor responsible for this story: Jeremy Herron at jherron8@bloomberg.net

©2018 Bloomberg L.P.

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