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2023-04-03

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What Tech Bust? Big Tech Stocks Gained $2 Trillion in Roaring Start to 2023

The 19 largest tech companies all saw their market capitalizations grow in the first quarter of 2023

What Tech Bust? Big Tech Stocks Gained $2 Trillion in Roaring Start to 2023

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Big Tech Stocks Gained $2 Trillion in Roaring Start to 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=2324462300","media":"Dow Jones","summary":"The 19 largest tech companies all saw their market capitalizations grow in the first quarter of 2023","content":"<html><head></head><body><p>The 19 largest tech companies all saw their market capitalizations grow in the first quarter of 2023, and Apple leads the way with a $500 billion increase</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1540f53222226e478ff2f989b853e1bb\" alt=\"Of 74 tech stocks screened by MarketWatch, 60 had notched first-quarter gains in their market capitalization through Thursday’s close.\" title=\"Of 74 tech stocks screened by MarketWatch, 60 had notched first-quarter gains in their market capitalization through Thursday’s close.\" tg-width=\"700\" tg-height=\"487\"/><span>Of 74 tech stocks screened by MarketWatch, 60 had notched first-quarter gains in their market capitalization through Thursday’s close.</span></p><p>Big Tech had a big first quarter, with the largest 10 companies growing their market value by nearly $2 trillion to start the year.</p><p>After an inauspicious 2022 that saw shares of Tesla Inc. (TSLA) and Facebook-parent <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. (META) post their largest annual percentage declines on record, the technology sector has rebounded sharply to kick off 2023 amid greater economic confidence and cost-cutting pushes by many companies in the industry.</p><p>The 19 largest tech companies all have seen their market capitalizations grow so far in 2023, according to a MarketWatch screen of companies in the S&amp;P 500 information technology sector along with eight other large tech-focused names that are technically classified in other sectors. Of the 74 stocks screened, 60 had notched first-quarter gains through Thursday&#39;s close, with the group as a whole netting almost $2.4 trillion in market-cap increases.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/89cd311892e8b0dddc19465902c96164\" tg-width=\"816\" tg-height=\"809\"/></p><p></p><p>Apple Inc. (AAPL), the most valuable publicly listed U.S. company, is also the biggest contributor of market-cap gains this quarter, with its value alone rising by $502 billion through Thursday&#39;s close. The company suffered late last year as COVID-19 restrictions impacted production in China, but conditions there have since improved. The second largest company, Microsoft Corp. (MSFT), is next with $327 billion in market-cap gains as it benefited from artificial-intelligence buzz through its investment in ChatGPT creator OpenAI.</p><p>The third largest contributor perhaps is more surprising. Nvidia Corp. (NVDA) was nearly a third the size of Alphabet Inc. (GOOGL) and less than half the size of Amazon.com Inc. (AMZN) at the end of 2022, but the chip maker has seen its market value almost double through the first three months of 2023 as it&#39;s also viewed as a play on AI. Nvidia had chipped in $317 billion to the sector&#39;s market-cap increase as of Thursday&#39;s close.</p><p>Next up is Tesla Inc., racking up $229 billion in market-cap gains as its stock heads for its best quarter since 2020; Meta Platforms Inc. (META), notching $191 billion in market-cap gains as investors continue to cheer the social-media company&#39;s ongoing cost cuts; and Amazon and Google-parent Alphabet, which are contributing in $188 billion and $139 billion in gains, respectively.</p><p>There&#39;s a sizable drop-off outside the seven largest players. Rounding out the top 10 biggest U.S. tech companies are Broadcom Inc. <a href=\"https://laohu8.com/S/AVGO\">$(AVGO)$</a> ($31 billion in first-quarter market-cap gains), Oracle Corp. (ORCL) ($24 billion in gains) and Cisco Systems Inc. (CSCO) ($15 billion in gains).</p><p>Shares of Salesforce Inc. (CRM), Advanced Micro Devices Inc. (AMD) and Intel Corp. (INTC) have also seen big rallies this quarter that have led to sizable valuation increases. Salesforce is worth $64 billion more than it was at the start of the quarter, as the software giant has become more focused on profits. AMD is worth $53 billion more, while Intel is worth $24 billion more, with both names benefiting from improved sentiment toward the chip sector in the wake of concerns last year about a cool-down in pandemic-driven tech purchases. Intel&#39;s stock is on pace for its best month since November 2001.</p><p>Despite the roaring start to 2023, many tech stocks remain lower than they were at the end of 2021. Just 15 of the 74 screened by MarketWatch are trading above their Dec. 31, 2021, closing levels.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Tech Bust? Big Tech Stocks Gained $2 Trillion in Roaring Start to 2023</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Tech Bust? Big Tech Stocks Gained $2 Trillion in Roaring Start to 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-04-02 09:41</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The 19 largest tech companies all saw their market capitalizations grow in the first quarter of 2023, and Apple leads the way with a $500 billion increase</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1540f53222226e478ff2f989b853e1bb\" alt=\"Of 74 tech stocks screened by MarketWatch, 60 had notched first-quarter gains in their market capitalization through Thursday’s close.\" title=\"Of 74 tech stocks screened by MarketWatch, 60 had notched first-quarter gains in their market capitalization through Thursday’s close.\" tg-width=\"700\" tg-height=\"487\"/><span>Of 74 tech stocks screened by MarketWatch, 60 had notched first-quarter gains in their market capitalization through Thursday’s close.</span></p><p>Big Tech had a big first quarter, with the largest 10 companies growing their market value by nearly $2 trillion to start the year.</p><p>After an inauspicious 2022 that saw shares of Tesla Inc. (TSLA) and Facebook-parent <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. (META) post their largest annual percentage declines on record, the technology sector has rebounded sharply to kick off 2023 amid greater economic confidence and cost-cutting pushes by many companies in the industry.</p><p>The 19 largest tech companies all have seen their market capitalizations grow so far in 2023, according to a MarketWatch screen of companies in the S&amp;P 500 information technology sector along with eight other large tech-focused names that are technically classified in other sectors. Of the 74 stocks screened, 60 had notched first-quarter gains through Thursday&#39;s close, with the group as a whole netting almost $2.4 trillion in market-cap increases.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/89cd311892e8b0dddc19465902c96164\" tg-width=\"816\" tg-height=\"809\"/></p><p></p><p>Apple Inc. (AAPL), the most valuable publicly listed U.S. company, is also the biggest contributor of market-cap gains this quarter, with its value alone rising by $502 billion through Thursday&#39;s close. The company suffered late last year as COVID-19 restrictions impacted production in China, but conditions there have since improved. The second largest company, Microsoft Corp. (MSFT), is next with $327 billion in market-cap gains as it benefited from artificial-intelligence buzz through its investment in ChatGPT creator OpenAI.</p><p>The third largest contributor perhaps is more surprising. Nvidia Corp. (NVDA) was nearly a third the size of Alphabet Inc. (GOOGL) and less than half the size of Amazon.com Inc. (AMZN) at the end of 2022, but the chip maker has seen its market value almost double through the first three months of 2023 as it&#39;s also viewed as a play on AI. Nvidia had chipped in $317 billion to the sector&#39;s market-cap increase as of Thursday&#39;s close.</p><p>Next up is Tesla Inc., racking up $229 billion in market-cap gains as its stock heads for its best quarter since 2020; Meta Platforms Inc. (META), notching $191 billion in market-cap gains as investors continue to cheer the social-media company&#39;s ongoing cost cuts; and Amazon and Google-parent Alphabet, which are contributing in $188 billion and $139 billion in gains, respectively.</p><p>There&#39;s a sizable drop-off outside the seven largest players. Rounding out the top 10 biggest U.S. tech companies are Broadcom Inc. <a href=\"https://laohu8.com/S/AVGO\">$(AVGO)$</a> ($31 billion in first-quarter market-cap gains), Oracle Corp. (ORCL) ($24 billion in gains) and Cisco Systems Inc. (CSCO) ($15 billion in gains).</p><p>Shares of Salesforce Inc. (CRM), Advanced Micro Devices Inc. (AMD) and Intel Corp. (INTC) have also seen big rallies this quarter that have led to sizable valuation increases. Salesforce is worth $64 billion more than it was at the start of the quarter, as the software giant has become more focused on profits. AMD is worth $53 billion more, while Intel is worth $24 billion more, with both names benefiting from improved sentiment toward the chip sector in the wake of concerns last year about a cool-down in pandemic-driven tech purchases. Intel&#39;s stock is on pace for its best month since November 2001.</p><p>Despite the roaring start to 2023, many tech stocks remain lower than they were at the end of 2021. Just 15 of the 74 screened by MarketWatch are trading above their Dec. 31, 2021, closing levels.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4579":"人工智能","SG9999002232.USD":"Allianz Global High Payout USD","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","AMZN":"亚马逊","LU0109392836.USD":"富兰克林科技股A","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU2063271972.USD":"富兰克林创新领域基金","MSFT":"微软","BK4122":"互联网与直销零售","IE00B19Z9Z06.USD":"Legg Mason ClearBridge - US Aggressive Growth A Acc USD","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","AAPL":"苹果","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","BK4561":"索罗斯持仓","CRCT":"Cricut, Inc.","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","BK4170":"电脑硬件、储存设备及电脑周边","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","BK4529":"IDC概念","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","GFS":"GLOBALFOUNDRIES Inc.","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1923622614.USD":"Natixis Thematics Meta R/A USD","CRM":"赛富时","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU1983260115.SGD":"Janus Henderson Horizon Global Sustainable Equity A2 SGD-H"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2324462300","content_text":"The 19 largest tech companies all saw their market capitalizations grow in the first quarter of 2023, and Apple leads the way with a $500 billion increaseOf 74 tech stocks screened by MarketWatch, 60 had notched first-quarter gains in their market capitalization through Thursday’s close.Big Tech had a big first quarter, with the largest 10 companies growing their market value by nearly $2 trillion to start the year.After an inauspicious 2022 that saw shares of Tesla Inc. (TSLA) and Facebook-parent Meta Platforms Inc. (META) post their largest annual percentage declines on record, the technology sector has rebounded sharply to kick off 2023 amid greater economic confidence and cost-cutting pushes by many companies in the industry.The 19 largest tech companies all have seen their market capitalizations grow so far in 2023, according to a MarketWatch screen of companies in the S&P 500 information technology sector along with eight other large tech-focused names that are technically classified in other sectors. Of the 74 stocks screened, 60 had notched first-quarter gains through Thursday's close, with the group as a whole netting almost $2.4 trillion in market-cap increases.Apple Inc. (AAPL), the most valuable publicly listed U.S. company, is also the biggest contributor of market-cap gains this quarter, with its value alone rising by $502 billion through Thursday's close. The company suffered late last year as COVID-19 restrictions impacted production in China, but conditions there have since improved. The second largest company, Microsoft Corp. (MSFT), is next with $327 billion in market-cap gains as it benefited from artificial-intelligence buzz through its investment in ChatGPT creator OpenAI.The third largest contributor perhaps is more surprising. Nvidia Corp. (NVDA) was nearly a third the size of Alphabet Inc. (GOOGL) and less than half the size of Amazon.com Inc. (AMZN) at the end of 2022, but the chip maker has seen its market value almost double through the first three months of 2023 as it's also viewed as a play on AI. Nvidia had chipped in $317 billion to the sector's market-cap increase as of Thursday's close.Next up is Tesla Inc., racking up $229 billion in market-cap gains as its stock heads for its best quarter since 2020; Meta Platforms Inc. (META), notching $191 billion in market-cap gains as investors continue to cheer the social-media company's ongoing cost cuts; and Amazon and Google-parent Alphabet, which are contributing in $188 billion and $139 billion in gains, respectively.There's a sizable drop-off outside the seven largest players. Rounding out the top 10 biggest U.S. tech companies are Broadcom Inc. $(AVGO)$ ($31 billion in first-quarter market-cap gains), Oracle Corp. (ORCL) ($24 billion in gains) and Cisco Systems Inc. (CSCO) ($15 billion in gains).Shares of Salesforce Inc. (CRM), Advanced Micro Devices Inc. (AMD) and Intel Corp. (INTC) have also seen big rallies this quarter that have led to sizable valuation increases. Salesforce is worth $64 billion more than it was at the start of the quarter, as the software giant has become more focused on profits. AMD is worth $53 billion more, while Intel is worth $24 billion more, with both names benefiting from improved sentiment toward the chip sector in the wake of concerns last year about a cool-down in pandemic-driven tech purchases. Intel's stock is on pace for its best month since November 2001.Despite the roaring start to 2023, many tech stocks remain lower than they were at the end of 2021. Just 15 of the 74 screened by MarketWatch are trading above their Dec. 31, 2021, closing levels.","news_type":1},"isVote":1,"tweetType":1,"viewCount":477,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":5,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}