CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which company becomes the first company in history to lose $1 trillion market capitalisation?
A
TCS
B
Flipkart
C
Amazon
D
Microsoft
Explanation: 

Detailed explanation-1: -Jeff Bezos Amazon Company Becomes the First Company in History to Lose $1 trillion Market Cap.

Detailed explanation-2: -The other companies with market capitalizations surpassing $1 trillion are Apple ($2.7 trillion), Microsoft ($2.4 trillion), Saudi Aramco ($2 trillion), Google’s parent company Alphabet ($1.6 trillion) and Amazon ($1.2 trillion).

Detailed explanation-3: -Its performance was in line with the tech sector more broadly, which has been hurt by rising interest rates, slowing internet advertising and other factors.

There is 1 question to complete.