Last Thursday Alphabet the parent company of Google, one of the biggest search engines in the world accompanied the other three technology giants into the trillion dollar club by tapping the $1 trillion in market value. By reaching that remarkable level the company now becomes the 4th U.S. technology company to achieve this following Microsoft, Apple, and Amazon. Amazon recently has pushed back to about $930B. According to FactSet if we combine Facebook, the five most high-priced U.S. tech corporations are now worth a colossal $5.2 trillion. This is approximately 17% of the S&P 500.
Time of uncertainty for U.K.
Weekly Report - 20/01/2020