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IR Magazine (November 11)

2022/ 11/ 14 by jd in Global News

“It was a bad few weeks for tech companies with the Twitter and Meta layoffs, and then Amazon lost $1 tn in market value….For perspective, that’s almost like losing what Google’s parent Alphabet is worth, which is now around $1.13 tn. The loss makes Amazon the first public company ever to lose $1 tn.”

 

Barron’s (August 19)

2020/ 08/ 20 by jd in Global News

“Apple is the first U.S. company to achieve a valuation of $2 trillion,” a valuation that Saudi Aramco has also achieved. There are three other “stocks with a valuation above $1 trillion.” Amazon.com and Microsoft are each about $1.6 trillion with Alphabet trailing at $1.0 trillion. “Facebook (FB) is the next-closest U.S. stock to the 13-digit level, with a valuation of $748.1 billion.”

 

The Economist (January 27)

2018/ 01/ 29 by jd in Global News

“Not so long ago, GM and its peers seemed to be on a path to extinction. Technology firms such as Alphabet, Uber and other pushy newcomers had started a race to develop software that would control driverless cars and to offer ride-hailing and ride-sharing services that are expected to thrive at the expense of car ownership.” However, there’s been a sharp reversal in market sentiment and GM has taken pole position. “A scorecard issued annually by Navigant, a consultancy, puts GM ahead of the AV pack of carmakers and tech firms, with Alphabet’s Waymo in second place.”

 

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