$300 billion in earnings: This company can hit a $10 trillion market cap and it is not Nvidia

The US stock market has seen a rather booming past couple of weeks, with stocks of Nvidia touching the skies, after its valuation simply went off the charts, surpassing the likes of Apple and other companies in its competitive bracket. Three companies that have reached the $3 trillion market capitalization is Apple, Microsoft and Nvidia, but now it looks like there is a fourth entity that will grab the market after technology stocks are reporting a massive surge in valuation.

Amazon to beat Apple and Nvidia as most valued company?

According to a Motley Fool report, Amazon will be the company that will touch the $10 trillion market cap, and will emerge as the most valuable company in the world, surpassing the likes of Apple and Nvidia. The turf war between technology stocks over the past two years have been simply stunning, but it is now time for things to go to the next level. For starters, even though US investors doubted the profitability of Amazon's e-commerce operations, it has proved its critics wrong, and managed to keep their ship up and running over time, through a a vertically integrated online marketplace, that simply takes no name of hitting a roadblock.

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Moreover, the Amazon Prime subscription business has been one of its biggest revenue earners over time. Moreover, Amazon is now generating $54 billion in annual advertising revenue, according to Motley Fool report.

FAQs:

Which are the most valued companies in the world?
As of latest reports Apple and Nvidia are the most valued company in the world if market capitalization is taken into account.

What kind products does Nvidia sell?
Nvidia primarily focuses on designing and manufacturing graphics processing units (GPUs) and system-on-a-chip units (SoCs) for the gaming and professional markets