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Amazon shares hitting record highs softer its latest sales data was released.
In fact shares hitting 300 dollars for the very first time after reports of a solid second quarter.
-- advisor reporting its sales for the online retailer jumped more than 30% in June compared to last year.
And that easily beat analysts' expectations.
But can Amazon be compared to another giant apple.
John -- says not quite yet.
Apple is that's still about 400 billion dollar market cap about three times what.
What Amazon is that -- 136 million roughly right now.
Amazon's profit along without the tech giants making a lot of people rich which really feel compares to the days of Rockefeller.
This is what it's all at that -- all of -- but we thought history.
From the turn of the twentieth century well being created only levels that people never dreamed of when he had Rockefeller and and Morgan and Carnegie.
That's what you're seeing right now these great big tech companies.
Amazon shares -- way out but don't expect their earnings to sort just yet.
Amazon's earnings are never going to be.
That great for the next several years because are willing to do things like take.
In New York I'm Ashley --
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