Visual Capitalist August 17, 2020
American’s tech giants have caught the public’s attention as of late.
Four of the Big Five recently appeared in front of U.S. Congress to discuss their anti-competitive business practices and privacy concerns.
Yet business is booming. Compared to the traditional economy, Big Tech operates within an intangible realm of business. This enables them to move faster, cheaper, and more profitably—with business models that possess widespread scale via the internet.
The above five charts are a reflection of Big Tech’s momentum and the significant role they have played in the swift and vigorous market recovery. Let’s take a closer look at the data.
| Company | Market Capitalization (In Billions) | Weighting in the S&P 500 Index |
|---|---|---|
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