Why is Amazon losing its crown as the most valuable company in the world?

The latest Google News ranking shows Amazon is losing its position as the second most valuable US company.

The search engine, which is owned by Amazon Technologies, has lost its spot for the fifth consecutive year.

Amazon has been on a run of record earnings and its stock has soared more than 30% since the end of 2016.

Amazon’s stock price has risen from $76 to $89.97 since it closed at $74.63 on Friday.

Amazon stock has doubled since the start of 2018.