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The story behind the story

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Some analysts say Alphabet could double in value to become a $2T company in the near future, as the total market cap of FAANGs rose by $1.3T over the past year

Rupert Neate / The Guardian :

The Guardian Rupert Neate

Discussion

  • @babylonsingular Babylon Singularity on x
    We are watching a historic consolidation of wealth and power. Big Tech is worth over $5 trillion now that Alphabet has joined the four comma club https://www.cnbc.com/...
  • @danpriceseattle Dan Price on x
    5 big tech companies (Google, Amazon, Apple, Microsoft and Facebook) were worth $1.7 trillion five yeas ago. Now they're worth $5.2 trillion. In that span they went from making up 11% of the stock market to 17%. Where is this heading? https://www.cnbc.com/...