How Apple and Microsoft could blow up the stock market

  • 📰 CNN
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

Microsoft, Apple, Amazon, Google owner Alphabet and Facebook are the largest companies in America. These firms have a collective market value of $4.5 trillion. This means that popular passive index ETFs are heavily concentrated in just a few names.

Microsoft , Apple , Amazon , Google owner Alphabet and Facebook are the largest companies in America, with a collective market value of $4.5 trillion.That means that popular passive index ETFs like the SPDR S&P 500 and Invesco QQQ Trust , which tracks the Nasdaq-100, skew disproportionately towards the tech sector. To put into context just how gigantic these titans of tech are, consider this: Microsoft and Apple, now worth about $2.1 trillion combined, equal nearly the entire $2.

Jeff Bezos is the richest person in the world 00:58"The mega-caps are sort of what everyone has come to think of as the most important enterprises around the world. They are very dominant, very important. They're very disruptive. So for good reason they've achieved a global status. But I think they're in a kind of bubble as to their specific stock market performance," Royce said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The article literally says 'If there is a sudden stock sell-off,' With that condition anything that follows is a forgone conclusion. !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

kârdan zarar etmiş yine

With explosives?

Please CNN....don't even attempt to pretend you are a business network

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines