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Share market crash this morning. (Read 35888 times)
Bobby.
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Re: Share market crash this morning.
Reply #435 - Today at 3:12pm
 
The top 6 companies are larger than our GDP.
As of early 2026, Australia's GDP is estimated to be approximately USD 1.75 to 1.83 trillion.


https://x.com/globalstats11/status/2031917375763988659


Top 50 Largest Companies in the World

1. 🇺🇸 Nvidia - $4.8 Trillion
2. 🇺🇸 Apple - $4.0 Trillion
3. 🇺🇸 Alphabet - $3.8 Trillion   
YouTube, Android, and Nest

4. 🇺🇸 Microsoft - $3.0 Trillion
5. 🇺🇸 Amazon - $2.3 Trillion
6. 🇹🇼 TSMC - $2.0 Trillion
7. 🇸🇦 Saudi Aramco - $1.7 Trillion
8. 🇺🇸 Meta Platforms - $1.7 Trillion
9. 🇺🇸 Broadcom - $1.6 Trillion
10. 🇺🇸 Tesla - $1.6 Trillion
11. 🇺🇸 Berkshire Hathaway - $1.1 Trillion
12. 🇺🇸 Walmart - $1.0 Trillion
13. 🇺🇸 Eli Lilly - $972 Billion
14. 🇰🇷 Samsung - $953 Billion
15. 🇺🇸 JPMorgan Chase - $819 Billion
16. 🇺🇸 Exxon Mobil - $629 Billion
17. 🇺🇸 Visa - $604 Billion
18. 🇨🇳 Tencent - $603 Billion
19. 🇳🇱 ASML - $593 Billion
20. 🇺🇸 Johnson & Johnson - $591 Billion
21. 🇰🇷 SK Hynix - $493 Billion
22. 🇺🇸 Micron Technology - $483 Billion
23. 🇺🇸 Mastercard - $455 Billion
24. 🇺🇸 Costco - $442 Billion
25. 🇺🇸 Oracle - $425 Billion
26. 🇺🇸 AbbVie - $401 Billion
27. 🇺🇸 Procter & Gamble - $382 Billion
28. 🇨🇭 Roche - $380 Billion
29. 🇺🇸 Bank of America - $378 Billion
30. 🇺🇸 Home Depot - $374 Billion
31. 🇨🇳 ICBC - $369 Billion
32. 🇺🇸 Chevron - $369 Billion
33. 🇨🇳 Alibaba - $364 Billion
34. 🇺🇸 General Electric - $362 Billion
35. 🇺🇸 Caterpillar - $359 Billion
36. 🇺🇸 Netflix - $351 Billion
37. 🇺🇸 Coca-Cola - $346 Billion
38. 🇺🇸 AMD - $344 Billion
39. 🇨🇳 Agricultural Bank of China - $332 Billion
40. 🇨🇳 China Construction Bank - $329 Billion
41. 🇫🇷 LVMH - $324 Billion
42. 🇬🇧 HSBC - $323 Billion
43. 🇨🇭 Novartis - $323 Billion
44. 🇺🇸 Palantir - $321 Billion
45. 🇬🇧 AstraZeneca - $320 Billion
46. 🇯🇵 Toyota - $315 Billion
47. 🇺🇸 Applied Materials - $313 Billion
48. 🇺🇸 Lam Research - $313 Billion
49. 🇺🇸 Cisco - $313 Billion
50. 🇺🇸 Merck - $306 Billion

Data as of February 25, 2026

Source: Companies Market Cap via Voronoi by Visual Capitalist
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Bobby.
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Re: Share market crash this morning.
Reply #436 - Today at 3:12pm
 
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freediver
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Re: Share market crash this morning.
Reply #437 - Today at 4:05pm
 
Quote:
The top 6 companies are larger than our GDP.
As of early 2026, Australia's GDP is estimated to be approximately USD 1.75 to 1.83 trillion.


Bobby, you are comparing annual production (GDP) with total value (market capitalisation). To compare the same thing, you would have to compare either GDP with annual company revenue, or multiply GDP by something like 20 to compare with market capitalisation. For example, if someone wanted to buy "Australia Inc" they would have to pay about 20 times what our GDP is.

For a company, this difference is called the P/E ratio.

Or to put it another way, if the company value is equal to our GDP, we earn enough money every year to buy that company outright.
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Bobby.
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Re: Share market crash this morning.
Reply #438 - Today at 4:11pm
 
freediver wrote Today at 4:05pm:
Quote:
The top 6 companies are larger than our GDP.
As of early 2026, Australia's GDP is estimated to be approximately USD 1.75 to 1.83 trillion.


Bobby, you are comparing annual production (GDP) with total value (market capitalisation). To compare the same thing, you would have to compare either GDP with annual company revenue, or multiply GDP by something like 20 to compare with market capitalisation. For example, if someone wanted to buy "Australia Inc" they would have to pay about 20 times what our GDP is.

For a company, this difference is called the P/E ratio.

Or to put it another way, if the company value is equal to our GDP, we earn enough money every year to buy that company outright.



Point taken.
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Bobby.
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Re: Share market crash this morning.
Reply #439 - Today at 5:24pm
 

DOW futures for tonight    -0.85%

https://edition.cnn.com/markets/premarkets

SELL
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Bobby.
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Re: Share market crash this morning.
Reply #440 - Today at 5:35pm
 

https://www.bbc.com/news/live/c4gqjyk0vx3t

Oil prices have risen - reaching $100 a barrel at one point - as three more cargo ships are attacked in the Gulf

The price rise comes despite 32 countries agreeing on Wednesday to release 400m barrels of oil reserves, in an effort to calm markets

In the latest attacks on shipping, two tankers were hit by an "unknown projectile" near Iraq, while a container ship was struck by an "unknown projectile" near the UAE



https://oilprice.com/
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