Amazon (AMZN) surpassed $2 trillion in market capitalization on Wednesday. The corporate now joins an elite membership of tech corporations that features Apple (AAPL), Alphabet (GOOG, GOOGL), and Nvidia (NVDA).Yahoo Finance anchor Madison Mills joins Morning Temporary to interrupt down this newest improvement for Amazon and what it means for the corporate shifting forwardFor extra professional perception and the most recent market motion, click on right here to look at this full episode of Morning Temporary.This put up was written by Nicholas JacobinoVideo TranscriptAmazon reaching a brand new market cap milestone, the tech big turning into the fifth US firm to surpass $2 trillion in market worth.On Wednesday, Yahoo Finance’s Madison Mills has the rundown, the breakdown, the run up no matter you wanna name it name Amazon having a brand new report.They do Brad, thanks a lot.So shares of Amazon have seen a gentle uptake up to now this 12 months rising practically 30% 12 months so far and now sitting in the identical camps as the massive wigs, the Microsoft’s Apples and video and naturally alphabet right here.However as you recognize, it has been a battle for essentially the most priceless firm title and movies monster rally this 12 months briefly sending its market cap above each Apple and Microsoft final week making it essentially the most priceless public firm on the earth for a brief time frame.Now Microsoft and Apple have since taken again these prime two spots as in video surge has taken a breather this week, you’ll be able to see on this chart behind me simply the stress that in video as an organization has been underneath over the previous 5 days, seen its worst three day droop since December of 2022 and dropping over $430 billion in its market cap.However the actual battle, after all, right here has been between Microsoft and Apple.Each of these tech giants preventing overtake the opposite in market cap.The present crow sitting with Microsoft, the Apple is shut behind right here.