Microsoft Forfeits Most-Valuable Crown to Amazon

Microsoft Sales Meet Estimates But Cloud Concerns Hit Shares

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By Ryan Vlastelica

January 31, 2019 at 5:31 PM UTC

This article is for subscribers only.

Microsoft Corp. is no longer the top dog on Wall Street.

Shares of the company fell more than 3 percent in the wake of its results on Thursday, and the decline took the company’s market capitalization decisively below that of Amazon.com Inc.