| ▲ | senordevnyc 2 days ago | |
Your claim wasn’t that many of the biggest US companies by market cap are in finance and tech, but rather than nothing else is profitable. Do you see the difference? | ||
| ▲ | nostrademons 2 days ago | parent | next [-] | |
Here's the list by earnings: https://www.tradingview.com/markets/stocks-usa/market-movers... It is even more dominated by finance and tech: the list is Alphabet, NVidia, Apple, Microsoft, Amazon, Berkshire, Meta, JP Morgan Chase, Bank of America, and then the first non finance/tech comes in at #10 with Exxon. Exxon's earnings are less than 1/4 of Alphabet's. The reason to prefer market cap over earnings is that market cap includes investors' view of the company's future earnings power, but they both tell the same story. | ||
| ▲ | fatata123 2 days ago | parent | prev [-] | |
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