American Technology Companies Exceeded The Market Value Of All Companies In Europe
The market value of American technology companies exceeded the market value of all companies in Europe.According to the news compiled by CNBC's Bank of America research, the shares of all US technology companies were $ 9.1 trillion as of the market closing yesterday, while the market value of all companies in Europe was $ 8.9 trillion.According to the analysis, the market value of companies in Europe in 2007 was four times the market value of US technology companies.While Apple recently exceeded the value of $ 2 trillion, becoming the first private company in history to surpass this threshold, Amazon shares have also been incredibly valuable in the last 10 years.The company's shares, which stood at $ 175 in August 2010, doubled their value to 20.