Egypt extends Baltim East field development contract with Eni, BP    Egyptian pound edges up slightly against US dollar in early Wednesday trade    Egypt starts October Takaful and Karama payments worth over EGP 4b to 4.7m families    Egypt's Cabinet hails Sharm El-Sheikh peace summit as turning point for Middle East peace    Egypt to drill 480 new exploration wells worth $5.7bn over five years: Petroleum Minister    Gaza's fragile ceasefire tested as aid, reconstruction struggle to gain ground    Government to disburse funding to investors completing 90% of factory construction    Egypt's human rights committee reviews national strategy, UNHRC membership bid    HSBC named Best Cash Management Provider in Egypt by Euromoney    Boehringer Ingelheim Launches Metalyse® 25 mg in Egypt Following Approval by the Egyptian Drug Authority    Trump-Xi meeting still on track    Sisi hails Gaza peace accord as a 'new chapter' for the Middle East    Turkish president holds sideline meetings with world leaders at Egypt summit    Al-Sisi, Meloni discuss strengthening Egypt–Italy relations, supporting Gaza ceasefire efforts    L'Oréal Egypt's 10th summit draws over 800 experts, focuses on dermatology    Egypt's Sisi warns against unilateral Nile actions, calls for global water cooperation    Egypt unearths one of largest New Kingdom Fortresses in North Sinai    Egypt unearths New Kingdom military fortress on Horus's Way in Sinai    Egypt Writes Calm Anew: How Cairo Engineered the Ceasefire in Gaza    Egypt's acting environment minister heads to Abu Dhabi for IUCN Global Nature Summit    Egyptian Open Amateur Golf Championship 2025 to see record participation    Cairo's Al-Fustat Hills Park nears completion as Middle East's largest green hub – PM    Egypt's Cabinet approves decree featuring Queen Margaret, Edinburgh Napier campuses    El-Sisi boosts teachers' pay, pushes for AI, digital learning overhaul in Egypt's schools    Egypt's Sisi congratulates Khaled El-Enany on landslide UNESCO director-general election win    Syria releases preliminary results of first post-Assad parliament vote    Karnak's hidden origins: Study reveals Egypt's great temple rose from ancient Nile island    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Egypt's Al-Sisi commemorates October War, discusses national security with top brass    Egypt reviews Nile water inflows as minister warns of impact of encroachments on Rosetta Branch    Egypt's ministry of housing hails Arab Contractors for 5 ENR global project awards    A Timeless Canvas: Forever Is Now Returns to the Pyramids of Giza    Egypt aims to reclaim global golf standing with new major tournaments: Omar Hisham    Egypt to host men's, juniors' and ladies' open golf championships in October    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







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3 U.S. tech companies exceed $400 billion market cap
Amwal Al Ghad Published in Amwal Al Ghad on 24 - 10 - 2015

Following strong share-price gains for Alphabet Inc. GOOGL, +5.61% and Microsoft Corp. stock's MSFT, +10.08% best performance in 15 years, on Friday marked the first time since November 20, 2014 where there were three U.S.-listed companies with a market capitalisation exceeding $400 billion.
Alphabet, formally known as Google, almost joined Apple Inc. AAPL, +3.10% as the second company valued above $500 billion. Its stock soared 5.6% to close at $719.33, giving the company a valuation of $495 billion.
Microsoft's stock soared 10% to $52.87, giving the company a market valuation of $422 billion. The last there there were three $400 billion companies, the companies were Apple, Microsoft and Exxon Mobil XOM, +0.11%.
Source: MarketWatch

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