The Amazon.com logo and stock price information is seen on screens at the Nasdaq Market Site in New York City, New York, U.S., September 4, 2018. REUTERS/Mike Segar
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Amazon Tuesday became the second publicly traded company to be worth $1 trillion, hot on the heels of iPhone-maker Apple.Amazon stock has increased almost 600 percent in the last five years, including a 70-percent surge so far in 2018 alone.Saudi Arabia's national energy company, Aramco, is widely believed to be worth much more than either Amazon or Apple.Wall Street has become enthusiastic about Amazon's other businesses. Amazon Web Services provides cloud computing services to companies and governments, and Amazon's advertising division makes billions selling ads to companies that want their products to show up when shoppers search on the site. recently, Amazon has started to build up its physical presence.
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