Amazon last week officially became only the fourth U.S. company in history to close the trading session with a market capitalization of at least $1 trillion, joining tech behemoths Microsoft, Apple and Google parent Alphabet.
Well, that sounds like the kind of stock-market stat President Donald Trump loves to take credit for — and, once again, he didn’t disappoint.
During an Oval Office press gathering Tuesday where he reportedly announced a bill related to STEM careers for veterans, he held up this sheet of paper:
As you can see, that’s the “Trillion $ Club,” whose initials, Trump proudly pointed out, spell “MAGA,” a reimagining of his “Make America Great Again” rally cry.
Technically it’s Alphabet, not Google, but “MAAA” is less catchy.
Trump has now mentioned the “stock market” in tweets at least 133 times, according to TrumpTwitterArchives.com, this being his latest:
As for the stock market, the Dow Jones Industrial Average
DJIA, +0.00%
closed flat while the S&P 500
SPX, +0.17%
and Nasdaq
COMP, +0.11%
edged higher.
Microsoft
MSFT, -2.26%
led the way in terms of market cap for the MAGA foursome, closing at $1.4 trillion Tuesday. Apple
AAPL, -0.60%
ended at $1.39 trillion, Amazon
AMZN, +0.79%
at $1.07 trillion and Alphabet
GOOGL, +0.09%
GOOG, +0.01%
at $1.03 trillion.
Source : MTV