Google is worth more than Amazon for the first time in more than a year

Alphabet Inc. was worth more than Amazon.com Inc. for the first time in 16 months Friday, as the online-advertising giant’s strong 2021 stock rally continues.

Google parent company Alphabet
GOOG,
+1.96%

GOOGL,
+1.96%
finished Friday’s session with a market value of $1.622 trillion, while Amazon
AMZN,
+0.60%
closed out the day with a $1.616 trillion valuation, according to Dow Jones Market Data. Shares…