It's a race to $1 trillion. For the first time in history, a company is set to have a $1 trillion valuation, but the question is who will hit the milestone first -- Apple or Amazon?
Apple remains the world's most valuable company, but Amazon is nipping at its heels as it reached a $900 billion valuation this week. Amazon reached its new high after it announced over $100 million in product sales on its annual "Prime Day Sale."
Amazon shares are up over 50% for the year and have soared over 100,000% since it debuted on the NASDAQ back in 1997. Is there even more upside ahead?