Amazon has jumped the most in 2020 so far, while Alphabet's Class A shares have gained the least.US tech stocks surpassed the entirety of the European stock market in market value after surging through the summer on outsized investor interest.
The sector has notched several extraordinary superlatives through the coronavirus pandemic. Tech names fueled the US market's rapid leap out of bearish territory, and now host historically high investor crowding in its biggest names. Most recently, the group drove the to a record high, despite the US remaining deep in an economic slump and economists fearing a double-dip recession.said in a note to clients. That size leads it to, for the first time, dwarf the total value of all European stocks, including those listed in the UK and Switzerland, which stands at $8.9 trillion.To emphasize the speed at which tech stocks have grown, the bank noted that, in 2007, Europe's market cap was roughly four times the size of the sector.
And people still think that the current stock prices shows the value of the companys 😂
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:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. tech stocks are now worth more than the entire European stock marketThis is the first time the market cap of the U.S. tech sector, at $9.1 trillion, exceeds Europe, which including the UK and Switzerland is now at $8.9 trillion, according to Bank of America. dahboo7 I can hear the money printers going now. How long can they prop this up? Bubble
Source: CNBC - 🏆 12. / 72 Read more »
U.S. Tech Stocks Are Now Worth More Than $9 Trillion, Eclipsing The Entire European Stock MarketMegacap tech stocks like Apple and Amazon have been all the rage on Wall Street in recent years. damn boy, is it safe to say inspiration or should i juss keep quite ? so what How about the owner of federal reserve bank? why are you not put it on the list?
Source: Forbes - 🏆 394. / 53 Read more »
U.S. big tech dominates stock market after monster rally, leaving investors on edgeU.S. technology giants are increasingly dominating the stock market in the midst of the coronavirus pandemic, even as they draw accusations of unfair business practices, and some investors fear the pump is primed for a tech-fueled sell-off. E SE JESUS FOSSE POBRE, NEGRO E CARECA , E TODA VEZ QUE ELE SAÍSSE DE CASA FOSSE CHAMADO DE LADRÃO PELOS POLICIAIS NO POSTO 8 DA BARRA OU PELOS RICOS DA ZONA ZUL DO RJ? E POR QUE DEUS FARIA JESUS NEGRO E NÃO LOIRÃO DOS OLHOS AZUÍS ? POR QUÊ ? POR QUÊ ? POR QUÊ ? Please research “Internet Of Things”.
Source: Reuters - 🏆 2. / 97 Read more »