Back in April 2020, Amazon's (NASDAQ: AMZN) market cap briefly eclipsed Apple's (NASDAQ: AAPL). Let's see why Apple pulled so far ahead of Amazon -- and if Amazon can catch up again by 2025. Why did Amazon pull ahead of Apple?
Things look ugly right now, but these companies could quickly rally once the bear goes back to sleep.
Many electric vehicle makers went public over the past two years. Rising interest rates exacerbated that sell-off by crushing speculative, unprofitable, and overvalued stocks. Two of those stocks are Rivian (NASDAQ: RIVN), which went public through a traditional IPO last November, and Polestar (NASDAQ: PSNY), which went public by merging with a SPAC this June.