Amazon now more valuable than Microsoft
 

But Vole is still the software king of the world

Amazon is now worth more than Microsoft as the online shopping behemoth weathered the recent Wall Street turmoil.

Amazon’s shares were down 1.14 percent, bringing its market capitalisation to $690.4 billion, while software maker Microsoft’s 1.83 percent fall depressed its market capitalisation to $690.3 billion.

Bolstered by blockbuster quarterly results, Amazon’s stock gained 3.8 percent over the three sessions ended Tuesday, even as Wall Street struggled through a rout that has raised fears that a nine-year bull market may be ending.

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