For the first time ever, the five most valuable companies in the world by market capitalization this week were all U.S. technology companies: Apple, Alphabet (the parent company of Google), Microsoft, Amazon, and Facebook. Even at the height of the dot-com bubble in the early 2000s, the tech industry never swept the market's top positions, Bloomberg reports. Since then, investor dollars have slowly trickled away from long-time multinational superpowers like Exxon and GE in favor of supposedly forward-looking tech giants like Google, Amazon, and Facebook. Apple has maintained its spot in the top five since 2011.
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‘Care fractures after birth’instant opinion Opinion, comment and editorials of the day
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Shots fired in the US-EU war over digital censorshipIN THE SPOTLIGHT The Trump administration risks opening a dangerous new front in the battle of real-world consequences for online action
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What will the US economy look like in 2026?Today’s Big Question Wall Street is bullish, but uncertain
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TikTok secures deal to remain in USSpeed Read ByteDance will form a US version of the popular video-sharing platform
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US mints final penny after 232-year runSpeed Read Production of the one-cent coin has ended
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Warner Bros. explores sale amid Paramount bidsSpeed Read The media giant, home to HBO and DC Studios, has received interest from multiple buying parties
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Gold tops $4K per ounce, signaling financial uneaseSpeed Read Investors are worried about President Donald Trump’s trade war
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Electronic Arts to go private in record $55B dealspeed read The video game giant is behind ‘The Sims’ and ‘Madden NFL’
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New York court tosses Trump's $500M fraud fineSpeed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
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Trump said to seek government stake in IntelSpeed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
