The technology sector continues to be a driving force behind global economic growth and, despite the ongoing challenges posed by geopolitical issues and interest rate hikes, the global top 25 technology companies gained more than $2,4-trillion in valuation in the first quarter of 2023.
Meta, Apple, Amazon, Microsoft, and Google continue to dominate the top 25 global tech stocks’ valuation contributing more than 60% with $7,7-trillion. These stocks posted more than 15% growth in MCap, in which Meta topped the list with 72% QoQ growth in Q1 2023. Microsoft crossed the $2-trillion landmark in August 2022 and, after a tumble in the next few months, it again crossed in March 2023.
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: