Inside the White House with D.C.'s most wired reporter. Sign up for Mike Allen's Axios AM.

Stories

The tech industry's race to $1 trillion

Apple logo
The Apple logo at the Apple store. Photo: Alexander Phol/NurPhoto via Getty Images.

The Financial Times has a new tracker, featuring race cars and a checkered flag, "Track the market cap race to a trillion: Will Apple, Amazon, Microsoft or Alphabet reach the ‘quatro commas’ club first?" (Subscription.)

The state of play: "Apple is closest to becoming the first [public] company to achieve a $1tn valuation, but Amazon, Alphabet and Microsoft are not far behind."

Read more toggle
Show less
Go deeper35 Words
  • The paper today begins a series, "Race to a trillion": "Leading tech companies have enjoyed surges in market capitalization, as revenues and profits have powered ahead and investors showed an insatiable appetite for their shares."
Apple Inc.