deadline.com
01.08.2020 / 00:17
Apple Becomes World’s Most Valuable Co. (After Saudi Aramco), Amazon CEO Jeff Bezos $7B Richer As Earnings Pump Stocks
Jill Goldsmith Co-Business EditorApple became the world’s most valuable company Friday, dethroning state oil giant Saudi Aramco, and Amazon founder-CEO Jeff Bezos saw his net worth surge, as the stocks jumped following a round of stellar tech earnings.Apple and Amazon (along with Facebook and Google parent Alphabet) all reported second-quarter numbers after the market closed Thursday showcasing financials that blew past Wall Street’s expectations and appeared to withstand the economic ravages