Amazon has eclipsed Microsoft as the most valuable publicly traded company in the US as a see-sawing stock market continues to reshuffle corporate America’s pecking order.
Microsoft has missed a self-imposed deadline to launch two Azure cloud data centres in South Africa, one in Johannesburg and the other in Cape Town. But the company has promised they’re coming this year.
Apple won’t be placing a giant booth at the big CES tech trade show starting on Sunday in Las Vegas, but its recent sales warning – and the country it blamed for the shortfall – will undoubtedly be the talk of the show.
The markets may be tanking, but that hasn’t stopped plenty of mega-fortunes from being unearthed in 2018.
Move over, Netflix: Apple will be the best performing “Faang” stock in 2019, according to veteran analyst Gene Munster.