Hitting record high after record high, tech companies have displaced traditional blue chip companies like Exxon Mobil and Walmart as the most valuable companies in the world.
Here are the latest market valuations for those same five companies:
Together, they are worth $2.9 trillion in market capitalization – and they combined in FY2016 for revenues of $555 billion with a $94 billion bottom line.
BRINGING HOME THE BACON?
It has been a seesion of violent, volatile gaps, starting with sharp gap up in S&P futures on Wednesday night, just around 10pm, which saw ES spike and rally to new all time highs on no news...
Authored by Richard Rosso via RealInvestmentAdvice.com,
The financial services industry is headed for the greatest debate in recent history.
Authored by Jake Anderson via TheAntiMedia.org,
By Chris at www.CapitalistExploits.at
"We are on the cusp of one of the fastest, deepest, most consequential disruptions of transportation in history."
So says Stanford University economist Tony Seba in a detailed report.