Thursday, September 9, 2021

Amazon beats Germany's DAX by market value Inc. has become more valuable than all the companies in Germany’s stock benchmark combined. The comparison arises from a report Wednesday by Andrew Garthwaite, a global strategist at Credit Suisse Group AG. “It is concerning,” he wrote, that the online retailer has a greater market value than the DAX Index’s 30 components. Amazon first beat the German gauge’s value in March 2020, according to data compiled by Bloomberg. The company has sustained the lead most of the time since then, though it trailed for a seven-day stretch last month.

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