Factbox: Tech giants dominate Wall Street's trillion-dollar club

  • 📰 Reuters
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

With Apple Inc just about 4% shy of notching a market valuation of $3 trillion, the iPhone maker is nearing a mark that would make it as big as the world's fifth largest economy after Germany.

, which has been jousting with Apple for the tag of being the most valuable company after briefly unseating it in October.

Through the nearly two years of the COVID-19 pandemic, tech stocks, including those focused on software, semiconductors and cloud computing, have seen a surge in their valuations as the companies benefited from stay-at-home mandates. Here is a list of stocks, whose market capitalizations are in the trillions, as well as those that are closing in on the milestone, including Meta PlatformsApple nears $3 trln valuationReporting by Chavi Mehta and Ambar Warrick in Bengaluru; Editing by Anil D'SilvaSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines