Market Capitalization news and trends

Ripple Optimistic About US Banks Adopting XRP
Cryptocurrency // July 17, 2023

Ripple is reportedly optimistic about the prospect of financial institutions being interested in using its On-Demand Liquidity (ODL) product, which utilizes XRP for money transfers, in the third quarter. This news comes after the recent court ruling that determined that XRP, a cryptocurrency closely associated with the blockchain-based...

Slowdown in eCommerce Contributes to Amazon Losing $1T in Market Value
Amazon // November 09, 2022

In an environment of falling values of stocks in the tech and growth sectors and economy-wide fears of a recession, Amazon has reportedly become the first public company whose market cap has dropped by $1 trillion.  Between its record close at a market value of...

Pinterest Valuation Tops Nordstrom’s
IPO // April 19, 2019

Pinterest, the image search startup, made its debut as a publicly traded company Thursday (April 18) and was able to close up 28 percent from its IPO price. According to a report in The New York Times, shares of Pinterest started trading at $23.75, higher than...

Apple Still Leads Microsoft In Market Cap By $26B
Apple // November 26, 2018

Despite a recent report, Apple still leads Microsoft in market capitalization by $26 billion. According to 9to5Mac, changes in outstanding share counts mean Microsoft did not pass Apple in market cap as the site previously reported, and other news outlets continue to report. Apple’s market...

Quick Reads
Investor Optimism for AI Drives Microsoft Value to $3 Trillion

January 24, 2024
Microsoft reached a market valuation of $3 trillion on Wednesday (Jan. 24), consolidating its position as one of the largest public stocks. The tech giant’s stock rose by 1.6% to $405.13, Bloomberg reported Wednesday. Although Microsoft briefly surpassed Apple, the first company to reach the $3 trillion mark, it has since traded places with the iPhone maker, according to […]

Ripple Optimistic About US Banks Adopting XRP

July 17, 2023
Ripple is reportedly optimistic about the prospect of financial institutions being interested in using its On-Demand Liquidity (ODL) product, which utilizes XRP for money transfers, in the third quarter. This news...

Slowdown in eCommerce Contributes to Amazon Losing $1T in Market Value

November 09, 2022
In an environment of falling values of stocks in the tech and growth sectors and economy-wide fears of a recession, Amazon has reportedly become the first public company whose market...

Pinterest Valuation Tops Nordstrom’s

April 19, 2019
Pinterest, the image search startup, made its debut as a publicly traded company Thursday (April 18) and was able to close up 28 percent from its IPO price. According to...