- Amazon shares gained 3.8% in 3 sessions till Tuesday
- Microsoft shares lost about 3.1% during this period
- Amazon stock weathered a rout on Wall Street
Amazon's stock was down 1.14 per cent, bringing its market capitalization to $690.4 billion, while software maker Microsoft's 1.83 per cent fall depressed its market capitalization to $690.3 billion.
Bolstered by blockbuster quarterly results, Amazon's stock gained 3.8 per cent over the three sessions ended Tuesday, even as Wall Street struggled through a rout that has raised fears that a nine-year bull market may be ending.
Microsoft lost about 3.1 per cent over the three sessions ended Tuesday.
Amazon's explosive growth in retail and cloud computing has sent its shares 77 per cent higher over the past year, outpacing Microsoft's 42 per cent rise.
Apple Inc's $819 billion market capitalization remains Wall Street's largest, followed by Alphabet Inc, the parent of Google, at $736 billion.
Get Breaking news, live coverage, and Latest News from India and around the world on NDTV.com. Catch all the Live TV action on NDTV 24x7 and NDTV India. Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.