Factbox-Tech giants dominate Wall Street's trillion-dollar club

(Reuters) -With Apple Inc just about 4% shy of notching a market valuation of $3 trillion, the iPhone maker is nearing a mark that would make it as big as the world's fifth largest economy after Germany.

Hot on the heels is Microsoft Corp, which has been jousting with Apple for the tag of being the most valuable company after briefly unseating it in October.

Through the nearly two years of the COVID-19 pandemic, tech stocks, including those focused on software, semiconductors and cloud computing, have seen a surge in their valuations as the companies benefited from stay-at-home mandates.

Here is a list of stocks, whose market capitalizations are in the trillions, as well as those that are closing in on the milestone, including Meta Platforms, which had breached the $1 trillion milestone but is now trading below that mark.

COMPANY MARKET YEAR YTD

CAPITALIZATION YEAR OF PERFORMANCE

FOUNDED LISTING

Apple Inc $2.87 trillion 1976 1980 up ~32%

Microsoft Corp $2.51 trillion 1975 1986 up 50.6%

Alphabet Inc $1.97 trillion 1998 2004 up 69.1%

Amazon.com Inc $1.79 trillion 1994 1997 up 8.2%

Tesla Inc $1.07 trillion 2003 2010 up 51.5%

COMPANIES NEARING $1 TRILLION IN

MARKET CAPITALIZATION

Meta Platforms $919.54 2004 2012 up ~21%

billion

Nvidia Corp $795.65 1993 1999 up 143.8%

billion

Berkshire $634.79 1839 1980 up 22.9%

Hathaway billion

YTD Performance as of Dec.8 close

(Reporting by Chavi Mehta and Ambar Warrick in Bengaluru; Editing by Anil D'Silva)

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