Apple is the only company worth $2 trillion. That’s probably about to change
Apple is the only American company to reach a $2 trillion market value. But it could soon have a lot more company in that elite club.
Microsoft is worth just under $2 trillion. Amazon has a market capitalization of $1.7 trillion, and Google owner Alphabet is worth about $1.5 trillion.
Tech stocks have come roaring back in recent weeks, helping to push these Nasdaq stalwarts and others to near record highs.
In fact, tech’s Magnificent Seven — the five FAANG stocks of Facebook, Amazon, Apple, Netflix and Alphabet, plus Microsoft and Tesla — are now collectively worth about $9.3 trillion. That’s a quarter of the S&P 500’s total market value of $37.5 trillion.