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Technology companies break the "Corona lockdown" and raise their market value of $ 3.4 trillion

The seven most valuable technology companies in the United States, Microsoft, Apple, Amazon, Tesla, Facebook, Nvidia and Alphabet achieved a total of $ 3.4 trillion in market value in 2020 during the outbreak of the Corona pandemic that caused a large-scale economic crisis due to the issuance of many From governments decisions to shut down and halt air traffic.

According to CNBC, Tesla represented the biggest surprise during 2020, after the stock rose nearly nine-fold, raising the electric vehicle maker's market value from $ 76 billion at the start of the year to $ 669 billion at Thursday's close. Although initial factories were closed due to the pandemic, Tesla returned to deliver a record number of vehicles in the third quarter.

Meanwhile, chip maker Nvidia's value more than doubled in 2020, closing with a market cap of $ 323 billion, making it the seventh-most valuable tech company and 16th overall in Nvidia graphics processors. The American game console is flying off the shelves so quickly that the company has struggled to keep up with demand.

By far, the largest increase in the market value of Apple, which jumped nearly $ 1 trillion in value, thanks to an 81% increase in its share, went to Amazon, which benefited from the growth in its consumer business, rose by 710 billion. Microsoft raised $ 480 billion, while Alphabet raised $ 268 billion and Facebook $ 193 billion.

The gains are clearly reflected in the ranks of the richest people, Jeff Bezos of Amazon is the richest person in the world, followed by Elon Musk of Tesla and co-founder of Microsoft Bill Gates, and Mark Zuckerberg, CEO of Facebook, is ranked fifth. Also among the top ten are Google founders Larry Page and Sergey Brin, and former Microsoft CEO Steve Ballmer.

Tucson Company Inc
Tucson Company Inc
Tucson Company Inc It is one of the best Egyptian companies specialized in the field of creating and developing Android applications and games, selling them to others, and publishing them through all the services of publishing free and paid applications and games