How big is Big Tech? How big it really is, in relation to competing companies and other sectors and the rest of the stock market? Really a lot, as shown by the capitalization figures, published daily by companiesmarketcap.com.
So much that you can lose over 2 trillion billion overall (as happened in the first 4 months of 2022) and not even be scratched and remain firmly at the top of the value charts.
But what is meant by Big Tech? In abbreviation (Americans like them so much), it is the one that at the moment insiders identify as Maatman: Microsoft, Apple, Alphabet, Tesla, Meta, Amazon e Nvidia. That of the newcomer is an interesting case: the manufacturer of computer graphics cards has taken the place of a company whose name begins with the same letter (Netflix), and is quickly climbed to become the eighth American company by capitalization.
Acer and the revenge of computers
by Emanuele Capone
23 October 2021
A few numbers, told in words
About Netflix (which is not doing very well right now), at the time of writing it is worth less than one 30th of Apple. For its part, the Cupertino company, with a capitalization of over 2,500 billion, counts as 9 times Coca-Cola, 14 times Nike25 volte Target o 42 volte Uber.
Again: since the beginning of the year, Meta has lost as much as the entire JPMorgan or as 8 times Twitter (which is definitely not worth all the money Musk paid to buy it), while Tesla is worth more than the 15 global car manufacturers that follow it in the rankings. Put together, though.
In a nutshell, this is what Big Tech is worth: just under 10 trillion dollars.