Tech Giants Are Now Global Stock Leaders
- Copmany surpasses Exxon Mobil, Berkshire to take over 4th spot
- Google, Apple and Microsoft remain three biggest in world
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U.S. technology companies dominate rankings of the world’s largest companies as never before.
Lifted by a 10 percent jump since the start of the year, Facebook Inc. just leapfrogged Exxon Mobil Corp. and Berkshire Hathaway Inc. to become fourth-most valuable company, with a market capitalization of $330 billion. The social network joins Google’s parent Alphabet Inc., Apple Inc. and Microsoft Corp. atop the rankings, the first time the top four are all American tech firms, according to data going back to 2000 compiled by Bloomberg.