is being led by the same handful of Big Tech winners that have dominated both returns and the market conversation since 2023.In a note to clients on Monday, strategists at Bank of America led by Michael Hartnett looked at the 10 largest companies in the world at four distinct points this century — March 2000, November 2007, March 2009, and November 2021 — plus the end of July of this year.
On the first, investors need to remember that the names we view as market leaders are always changing. And when the cycle really does change, so too will the market's leaders.), for instance, is the only company to rank among the world's largest 10 companies at each of these checkpoints over the last nearly 25 years. In fact, Microsoft is the only company currently in the top 10 to rank on any of the three dates before 2021.
So not only has the market become significantly more tech-forward and US-centric, but also more concentrated. If you’ve ever browsed Razer’s selection of gaming peripherals and thought, “You guys need to step up your RGB game,” HP has just the accessory for you. The company’s newest HyperX microphone, unveiled on Tuesday at Gamescom, has over 100 LEDs for “a stunning visual” with “energetic style.”Manchester City has today announced a multi-year regional partnership with Yili Group, that will see Asia’s largest dairy producer become the club’s Official Dairy Partner. The agreement will see ...
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