The five richest companies in the U.S., all tech companies, have seen their valuations swell during the pandemic
It has been a brutal year for so many people and small businesses. But for the five major tech giants in the U.S. — Microsoft, Apple, Facebook, Amazon and Google — 2020 has merely solidified their dominance, with each company seeing their valuations swell during the pandemic.
Here’s all you really need to know: Altogether, those five companies have seen their market caps increase $2.7 trillion this year alone. Instead of being decimated by COVID-19, Big Tech has only gotten, well, bigger.