Five biggest US tech companies are now worth more than $5.2 TRILLION

Mail Online | 1/17/2020 | Ariel Zilber For
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The five most valuable tech firms in the United States are now worth more than $5.2trillion after Google’s parent company became the latest giant to join the 13-figure club.

Google's parent company Alphabet became the fourth US company to be valued at $1trillion on Thursday.

Company - Share - Price - Day

The company's share price soared throughout the day and closed at $1,450 - its highest ever.

It follows in the footsteps of Apple, Microsoft and Amazon which all reached the milestone last year.

Amazon - Market - Capitalization - Apple - Microsoft

Amazon's market capitalization has retreated back down since then but both Apple and Microsoft remain valued at more than $1trillion.

Facebook, the fifth most valuable American tech firm, is worth $630.52billion.

Apple - Microsoft - Amazon - Alphabet - Google

Apple, Microsoft, Amazon, Alphabet, and Google account for 17 per cent of the total net worth of all companies listed on the S&P 500, according to CNBC.

The valuation marks a strong start to the year on Wall Street and is indicative of the unprecedented strong streak the markets have enjoyed over the last year.

Experts - Alphabet - Strength - Google

Experts say Alphabet's increased strength is solely due to to Google and how ubiquitous it has become.

'Google is one of those critical, important leaders in multiple areas.

Life - Things - Michael - Lippert - Opportunity

'You almost can’t live your life without Googling things,' Michael Lippert of the Opportunity Fund, told The Wall Street Journal.

'It’s really been a cash cow.

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'They’ve been steadily continuing to post 15% to 20%...
(Excerpt) Read more at: Mail Online
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