Microsoft overtakes Amazon as second most valuable U.S. company

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Microsoft overtakes Amazon as second most valuable U.S. company

Disappointing Amazon quarter wipes US$65 billion off market cap.

Microsoft Corp regained its spot as the second most valuable U.S. company on Friday after a disappointing quarterly report from Amazon.com wiped US$65 billion off the online retailer's market capitalisation. Apple Inc tops the list at over US$1 trillion after crossing that threshold in September....

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