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Amazon becomes America's 2nd most valuable company

Amazon becomes America's 2nd most valuable company
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(CNN) - Amazon has become the second most valuable company in America.

The online retailer took the spot Tuesday from Alphabet, the owner of Google.

Amazon's market value stands at about $765 billion. That's almost $3 billion dollars more than what Google is worth.

Only Apple is worth more.

But Amazon has a ways to go before it tops the tech giant. Apple is worth nearly $900 billion.

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