About 14:

Apple ($4.98T), NVIDIA ($4.51T), Microsoft ($3.94T), Alphabet ($3.49T), Amazon ($2.80T), TSMC ($1.95T), SpaceX ($1.82T), Saudi Aramco ($1.69T), Meta ($1.56T), Tesla ($1.42T), Broadcom ($1.40T), Berkshire Hathaway ($1.22T), Eli Lilly ($1.21T), (Walmart ($0.996T))

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ozgung an hour ago | parent | next [-]

I remember Apple being the first ever one-trillion-dollar company in the world. It was in 2018.

	▲	fakedang 34 minutes ago \| parent [-]
		Aramco was the first in 2016. But Aramco basically only has 2.5% free float on the market. Apple was the first with a near 100% free float on the market.

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TacticalCoder an hour ago | parent | prev [-]

So basically the equivalent of the entire US GDP in those 14 companies + OpenAI and Anthropic at a $1T valuation or so.

16 companies with a market cap as big as the entire US GDP.

Make is make sense when 15 out of those 16 are US companies.

Back in, say, 2006, twenty years ago, there weren't 15 companies adding up to the entirety of the US GDP.

Something simply doesn't add up.

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cobbzilla an hour ago | parent [-]

Isn’t that kind of apples and oranges?

Market cap and GDP are both measured in currency units, I guess they have that in common, not sure I understand the usefulness of this comparison.

	▲	sseagull 28 minutes ago \| parent \| next [-]
		To me it’s more about the scale of these numbers. After billions, people (like me) kind of lose intuition about how gigantic these numbers actually are. Yes GDP has time in its unit, but it still gives a general idea of the size.
	▲	scarmig 41 minutes ago \| parent \| prev [-]
		GDP is more like a currency/time unit, though.