Tech Giants Risk Losing Top S&P 500 Spots After $2 Trillion Wipeout

Tech stocks slipping from ranks of 10 biggest companies
UnitedHealth, Johnson & Johnson threaten to displace Meta

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By Bailey Lipschultz and Phil Serafino

March 14, 2022 at 10:21 AM UTC

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For years, technology behemoths such as Apple Inc. and Microsoft Corp. have dominated the list of the world’s largest companies. Now cracks are starting to appear in that leadership.

Of the 10 biggest companies by market value, eight can be categorized as tech stocks, using a generous definition that encompasses electric-vehicle maker Tesla Inc.