Apple and Amazon pass $1 trillion – which company is next?

The $1 trillion valuation mark is now behind both Apple and Amazon, but two more technology companies are quickly closing in on the milestone.

Microsoft and Alphabet are the next biggest companies racing to a $1 trillion market capitalization, each closing in on the mark yet still over $100 billion away. Here's what it would take to get the 10 U.S. companies behind Apple and Amazon to $1 trillion:

Wall Street expected Amazon shares to rise about 15 percent over the next year (as of Aug. 3, the day after Apple hit $1 trillion) — but it rose more than 10 percent in the past month, soaring past the milestone. Microsoft is a bit behind and will not likely surpass $1 trillion over the next 12 months, according to analysts. And while Wall Street expects Facebook to grow the most over the next year, it still has a very long way to go to reach the four comma club.

Apple is expected to cool off, with Wall Street projecting a small amount of growth for the company.

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