Facebook exceeds Tencent in the ranking of technology companies with the greatest weight on global financial markets. According to GlobalData, which compiled the ranking, the giant founded by Mark Zuckerberg saw its capitalization rise by 26,3% between the fourth quarter of 2018 and the first of 2019, reaching 475,6 billion dollars (the value of shares increased from $131,09 to $193,4). The social network thus undermines the Asian champion of online games and digital streaming from fourth place, now fifth with 438,5 billion, a figure that is still up 15%.
The numbers contained in the ranking do not necessarily reflect the current situation, considering that the capitalization of companies can vary from day to day. However, GlobalData's work has analytical value as it fixes the market situation by comparing the results of a large basket of companies at a precise moment.
To explain the rise of Facebook, Akhila, an analyst at GlobalData, speaks of a renewed "investor confidence in light of the higher revenues produced by mobile advertising and the increase in active users". The market thus essentially ignored the fact that "earnings were affected by the $3 billion provision in the first quarter to advance the Federal Trade Commission fine in the investigation into the processing of user data".
As for Tencent, "it has in turn recorded a further increase in capitalization after closing 2018 with significant growth in revenues and net profits".
Returning to the standings, the first three positions remain unchanged. On the roof of the world is still his majesty Microsoft, with 897,1 billion (+15%). It follows at a short distance Apple Lossless Audio CODEC (ALAC),, which in the period considered recorded a capitalization growth of 19,6%, reducing the gap from Microsoft to less than two billion (895,5). Further A, bronze medal with 818,2 billion (+12,6%).
Outside the top-5, the numbers drop dramatically, but not the growth rates. From position 6 to 9 the capitalization remains above 200 billion: Samsung (275,8 billion, +25,1%), Intel (239,8 billion, +12%), Cisco (234,9 billion, +20,6%) e Taiwan Semiconductor Manufacturing (211,3 billion, +8,9%). Closes the top-10 Oracle with 181,8 billion (+12,2%).
All of these boxes are unchanged from the end of 2018, as are number 11's SAP (145,1 billion, +18,5%) and the 12th of Adobe (128,6 billion, +16,6%).
At position 13 there is instead the leap of IBM, which rises three steps thanks to a capitalization of 124,5 billion (+20,5%). The IT giant thus bypasses Salesforce.com (122,1 billion, +16,5%), Broadcom (119,1 billion, +14,9%) e TCS, which loses three positions (from 14 to 17) with a growth rate of 5,7%, to 110,1 billion, and is also overtaken by Accenture (118,2 billion, +25,8%).
In 18th position NVIDIA (108,8 billion, +33,6%) exceeds Texas Instruments, the first company under the threshold of 100 billion for capitalization (98,5 billion, +8,5%). The top-20 ends with ASML (83,1 billion, +20,7%).
From square 21 to 25, positions are exchanged in various ways vmware (74,2 billion, +31,9%), ADP (69,3 billion, +20,8%), Qualcomm (68,4 billion, -0,8%), Intuit (67,2 billion, +31,5%) e Sony. The latter is the only company to suffer a significant drop in value on the Stock Exchange (-12,8%, to 53,2 billion), according to GlobalData due to the risks associated with the PlayStation games business, which have affected the market confidence.
Collectively, the 25 companies experienced 16,7% market capitalization growth from $5,3 trillion to $6,2 trillion.
