On Friday, Amazon's stock market value increased by more than $ 190 billion, the largest single-day increase in the history of the US stock exchange, following the presentation of the company's strong economic results. Amazon's stock was up 13.5 percent: Thursday, the company had reported strong quarterly results, with $ 137.4 billion in revenue and 14.3 billion in profits.
Amazon's staggering rise in value came the day after the equally staggering collapse of Meta, the company that controls Facebook, whose results had been disappointing. On Wednesday, the company lost over $ 200 billion in a single day, the worst decline ever.
Currently, Amazon is worth $ 1.6 trillion, while Meta is just under $ 660 billion.
