Two years ago I looked at the five largest companies in 2008 vs 2018. In 2008 Exxon Mobil was again first, while in 2018 Microsoft was leading the pack with a market capitalization about two times the market cap of Exxon Mobil 10 years earlier.
Fast forward to 2020, and Apple is #1 with an impressive market cap of over 1.5trillion dollars. For comparison sake, the top 5 largest companies in 2010 had a combined market cap of just over 1.4trillion dollars or $163 billion less than only Apple has today. The sum market cap of the top 5 largest companies in 2020 is 4.3 times the sum from just 10 years ago. In contrast, the sum market cap of the top 5 largest companies in 2018, was 2.3 times the sum of those in 2008.
Many have speculated that we are in a stock market bubble, especially considering the huge impact of COVID-19 on the economy as a whole.
I did not realize that Apple and Microsoft were outpacing Amazon. Nor did I realize all 3 were outpacing Google (for those not familiar, that's who Alphabet Inc. is).
![image showing The five largest companies in 2010 vs 2020 [OC]](c4dd2787-9b3a-5feb-bc40-c1ac87412e50.jpg)
theimpossiblesalad on July 26th, 2020 at 15:18 UTC »
Two years ago I looked at the five largest companies in 2008 vs 2018. In 2008 Exxon Mobil was again first, while in 2018 Microsoft was leading the pack with a market capitalization about two times the market cap of Exxon Mobil 10 years earlier.
Fast forward to 2020, and Apple is #1 with an impressive market cap of over 1.5trillion dollars. For comparison sake, the top 5 largest companies in 2010 had a combined market cap of just over 1.4trillion dollars or $163 billion less than only Apple has today. The sum market cap of the top 5 largest companies in 2020 is 4.3 times the sum from just 10 years ago. In contrast, the sum market cap of the top 5 largest companies in 2018, was 2.3 times the sum of those in 2008.
Many have speculated that we are in a stock market bubble, especially considering the huge impact of COVID-19 on the economy as a whole.
What are your thoughts?
Originally posted on my Instagram page.
Source: ycharts.com, wikipedia.org
Tools: Microsoft Excel and Adobe Photoshop for the visualization
Quiksy on July 26th, 2020 at 17:30 UTC »
What’s surprising about this? Stonks only go up, everybody knows this. sweats nervously
0xB0BAFE77 on July 26th, 2020 at 18:10 UTC »
Holy shit.
I did not realize that Apple and Microsoft were outpacing Amazon. Nor did I realize all 3 were outpacing Google (for those not familiar, that's who Alphabet Inc. is).
Very impressive, OP. Thanks for the infographic.