3 sources·Business

Market Surge: Companies Exceeding $100 Billion Market Cap Amid Economic Uncertainty

Major companies see significant market cap growth in 2023, with Cramer highlighting key players as investors react to economic conditions.

33%

67%

The distribution of story sources: left-leaning (blue), center (light gray), and right-leaning (red).

Mostly Reliable

The underlying sources are generally reliable but sometimes include opinion, propaganda, or minor inaccuracies.

Leans Right

The underlying sources slightly lean right.

Subscribe to unlock this story

We really don't like cutting you off, but you've reached your monthly limit. At just $3/month or $30/year, subscriptions are how we keep this project going. Start your free 7-day trial today!

Get Started

No highlights available for this story.

Updated: Dec 9th, 2024, 11:20 PM ET

Summary

A summary of the key points of this story verified across multiple sources.

In 2023, several companies have surpassed $100 billion in market cap, driven by high investor interest in sectors like enterprise software and data centers. CNBC's Jim Cramer noted AppLovin, Palantir, and Spotify among the winners, reflecting a robust market despite recent sell-offs. Various stocks related to data centers also gained significantly, showcasing the market's volatile nature. High-profile investor expectations and potential rallies contribute to the current dynamics, as many stocks faced declines amid broader market fluctuations.

Perspectives

Compare opinions on this story from liberal (Left), conservative (Right) or center-leaning news organizations.

No center-leaning sources available for this story.