Bloomberg (August 28)
“US companies are planning to buy back shares at a historic pace, a sign of Corporate America’s confidence in the economy.” In July, “announced share repurchases totaled $166 billion, the highest dollar value on record.” Subsequently, these went on to surpass “$1 trillion on Aug. 20, marking the shortest amount of time needed to reach that level.”
Tags: $1 trillion, Buy back, Companies, Confidence, Corporate America, Economy, Historic, Record, Share repurchases, Shares, Surpass, U.S.
WARC (November 26)
Global advertising spend looks set to exceed “$1 trillion for the first time this year.” It is on course to grow 10.7% this year to a total of $1.08trn, with online media leading the charge – the strongest growth rate in six years and the largest absolute rise on record if the post-Covid recovery of 2021 (+27.9% year-on-year) is disregarded.”
Tags: $1 trillion, 10.7%, 2021, Advertising spend, First time, Global, Growth rate, Largest, Online media, Post-Covid, Record, Rise
The Atlantic (November 24)
“To have any hope of meeting their commitments to holding global warming at bay, developing countries need at least $1 trillion a year in outside funding…. Failure to meet those commitments will result in more chaotic climate outcomes globally. Everyone agrees on this.” COP29 arrived at a “$300 billion failure” following “two weeks of grueling, demoralizing negotiations.” The deal spotlights just “how far the world is from facing climate change’s real dangers.”
Tags: $1 trillion, Chaotic, Commitments, COP29, Dangers, Demoralizing, Developing countries, Failure, Global warming, Outcomes, Outside funding
Forbes (March 4)
“The bitcoin price has topped $60,000 per bitcoin, making it a $1 trillion asset again,” reigniting concerns of possible fallout on the economy should its price tumble. Still, the wind appears to be with bitcoin. “Bank of America analysts have warned the U.S. debt load is about to ramp up to add $1 trillion every 100 days—fueling a bitcoin price surge.”
Tags: $1 trillion, $60k, 100 days, Analysts, Asset, Bitcoin, BoA, Concerns, Debt load, Economy, Fallout, Reigniting, Tumble, U.S.
Forbes (May 19)
“As bitcoin and crypto traders come to terms with the huge price crash that’s wiped $1 trillion from the combined crypto market since April, fears are mounting that more pain could be on the way if stock market contagion spreads.”
Tags: $1 trillion, Bitcoin, Contagion, Crash, Crypto market, Fears, Pain, Price, Stock market, Traders
USA Today (August 2)
Apple just became the first U.S. company to achieve a $1 trillion valuation, which seems rather unfathomable at first. “For $1 million you could buy a very nice one bedroom apartment in San Francisco. With $1 trillion, you could buy a very nice apartment for everybody in the city (San Francisco’s population is close to a million).” But hopefully Apple will “write a check because there’s just over a trillion dollars currently in circulation in the U.S.”
Tags: $1 trillion, Apartment, Apple, Circulation, First, San Francisco, U.S., Valuation
