Stock market capitalization of four major US IT companies all exceeds $ 1 trillion at 11:37 on February 7
In the New York Stock Market, the capitalization of four US major IT companies has exceeded $ 1 trillion for the first time, and the market has been volatile, with capital inflows into major IT companies continuing.
Alphabet, a major IT company under the umbrella of the New York Stock Exchange, rose 2% on the 6th compared to the previous day, and its closing price multiplied by the number of outstanding shares is $ 1.14 trillion. (111 trillion yen in Japanese yen).
As a result, at the end of the transaction on the 6th, Apple's market capitalization was $ 1.42 trillion, Microsoft was $ 1.39 trillion, Amazon.com was $ 1.2 trillion, and for the first time all four companies had one. It has exceeded trillion dollars.
Toyota has the largest market capitalization of about 25 trillion yen in Japanese companies, and the gap between these companies is around five times.
Amid the unstable price movements in the market due to the impact of the new coronavirus, capital inflows to major IT companies continue due to expectations for business performance and the backing of accommodative policies.
These companies, also called "tech giants," reported that Apple's market capitalization exceeded $ 1 trillion for the first time as a U.S. company in August, and that U.S. media has also described the "$ 1 trillion club."
On the other hand, these four companies are said to account for 17% of the stock index of the 500 major US companies, and there is concern that the oligopoly by IT companies will progress and the effect on stock price movements will increase.