Big Tech Adds $2.5 Trillion in Value on Robust 2021 Gains
- Alphabet has best year since 2009, Apple nears $3 trillion
- Microsoft rally hits 10 years, Meta climbs despite controversy
Shoppers wait in line at the Fifth Avenue Apple Store in New York, on Dec. 27.
Photographer: Victor J. Blue/BloombergThis article is for subscribers only.
Big tech powered U.S. stocks to a third straight winning year in 2021, as giants like Apple Inc. and Microsoft Corp. continue to see strong demand almost regardless of the economic environment.
Five of the market’s most notable Internet and technology names -- Apple, Microsoft, Google parent Alphabet Inc., Amazon.com Inc. and Facebook parent Meta Platforms Inc. -- rose this year, even as they finished in the red on the final trading day of 2021.