This post was originally published on this site
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:
Twitter/Bloomberg 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 on Tuesday. Apple AAPL, -0.60% ended at $1.39 trillion, followed by Amazon AMZN, +0.79% at $1.07 trillion and Alphabet GOOGL, +0.09% GOOG, +0.01% at $1.03 trillion.
