Amazon caught in political crossfire as market value nears $1 trillion

Published September 3, 2018 5:19pm ET



With Amazon poised to become the second U.S. company worth $1 trillion, President Trump and top political figures are intensifying their criticism of the e-commerce giant while showing an increased wariness of the influence wielded by the largest U.S. businesses.

Amazon shares topped $2,000 for the first time on Thursday, and the company ended the week with a market capitalization of $979 billion. It’s still outranked by Cupertino, Calif.-based Apple, which has a value of $1.09 trillion.

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