The market has never been this dependent on tech:
A record 115 companies in the S&P 500 now trade above a $100 billion market cap.
This figure has nearly TRIPLED since the 2020 pandemic low of 42.
By comparison, 20 companies were worth over $100 billion before the 2008 Financial Crisis, and just 8 at the 2008 low.
The technology sector leads with 31 firms above the $100 billion threshold.
This is followed by financials, industrials, and healthcare at 19, 16, and 16, respectively.
To put this into perspective, just 8 technology companies were valued at over $100 billion at the 2020 market low.
The US equity market has reached an unprecedented scale.
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A record 115 companies in the S&P 500 now trade above a $100 billion market cap.
This figure has nearly TRIPLED since the 2020 pandemic low of 42.
By comparison, 20 companies were worth over $100 billion before the 2008 Financial Crisis, and just 8 at the 2008 low.
The technology sector leads with 31 firms above the $100 billion threshold.
This is followed by financials, industrials, and healthcare at 19, 16, and 16, respectively.
To put this into perspective, just 8 technology companies were valued at over $100 billion at the 2020 market low.
The US equity market has reached an unprecedented scale.
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Trump seems to suggest he isnβt in favor of defending Taiwan, pointing out that China is far closer, before claiming Taiwan βstoleβ the USβ chip industry
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17 y/o becomes Christian and his parent runs to r/Atheism for 'help'
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President Donald J. Trump has posted to Truth Social announcing the death of Abu-Bilal al-Minuki, the second in command of the Islamic State of the Levant (ISIS/ISIL) during an operation in the African country of Nigeria
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ICE officials now effectively have access to data on roughly 20 million people through systems powered by Palantir, enabling agents to identify targets and carry out enforcement operations more rapidly, according to senior ICE officials cited by 404 Media
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Did everyone just forget about Daniel Penny? This was a clear cut case of self defense, just a guy minding his own business and still they threw the book at him, it was honestly a miracle heβs got off
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American women working in female typical jobs have more children
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Hollywood went Woke.
Now itβs going broke.
At least they have Christopher Nolanβs Woke Odyssey to look forward to.
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Now itβs going broke.
At least they have Christopher Nolanβs Woke Odyssey to look forward to.
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