Source: https://www.linkedin.com/feed/update/urn%3Ali%3Ashare%3A7013832176446160896
In 2022, the ten largest companies worldwide have shed roughly $3.2 Trillion in market value, equal to the size of India’s economy. What’s Next in 2023:
https://lnkd.in/gB7JaJBq : #Financial #analysts are calling 2023 as the ‘hinge’ year, unwinding #supplychains, record-high #inflation forcing global #centralbanks to raise #interest #rates – “normalizing” last 14-years of #ZIRP-#NIRP policies while unwinding the unprecedented #financial #bubbles resulting from last 40-years of easy-#credit policies. This year has been shaped by uncomfortable macroeconomic headwinds. #Trillions of dollars were erased in public company #market #capitalizations, investor confidence waned, and cost pressures squeezed consumer pocketbooks. Taken together, many of the world’s largest companies experienced sharp declines in market share.
It is interesting to note the respective Sector listed for the top-10 companies by market cap. #Apple, #Microsoft and #Alphabet are listed as #Technology companies while #Amazon and #Tesla are both listed as #Consumer #Discretionary. #BerkshireHathaway is the only one in #Financials Sector in the top 10, whereas #Visa is listed in #Industrials sector. What is briefly observed in this infographic, but has been subject of intense debate on #Financial #channels such as #Bloomberg and #YahooFinance is the loss of two-thirds in the market capitalization of #Tesla debating if #Tesla is a #Technology company or just like any other #Car company.
As we had observed in one of our presentations at the #Princeton #University: several of these largest enterprises such as #Amazon are in fact #Technology companies given the key role of #Technology in their execution:
#Princeton SME Financial Markets-Exchanges-Hedge Funds Networks Engineering, AI-Cyber-Crypto-Quant Finance & Trading, Complex Portfolios-Risks Modeling: https://lnkd.in/gcp_yHe .
Also, one may consider both #Apple and #Amazon as #Consumer companies with #Amazon, the world’s largest #ECommerce platform, known for its passion for being #Digital #Consumer-Driven, while #Apple continuing to enjoy the fruits of #SteveJobs vision of building it into the leading #Digital #Consumer #Ecosystem enterprise.
As observed in our #Journal of #KnowledgeManagement article on #RealTimeEnterprise #BusinessModels, #strategic #execution as the driver of #technology #deployment is key to harnessing technologies for enabling #business #performance:
#MIT Computer Science & AI Lab Faculty-SME: CEOs-CTOs-CFOs AI-ML Executive Guide: AI-ML-DL-NLP-Robots R&D Impact Among AI-Quant Finance Nobel Laureates: https://lnkd.in/eknKzm5 :
#AWS Partner: Trillion Dollar Wall Street Hedge Funds Leader: MIT-Princeton AI-Cyber-Crypto-Blockchain-Quant Finance-Trading-Networks Engineering SME https://lnkd.in/esk8PEp
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