In 2018, tech giant Apple became the first U.S. company to reach a market capitalization of $1 trillion. Since then, it's been joined by other companies such as Microsoft, Amazon, Alphabet, Meta Platforms, and Tesla. Of course, the list also includes the current market-cap leader, Nvidia. It's becoming increasingly normal for a new company to join the $1 trillion club. But it remains an impressive feat nevertheless. At this pace, these tech titans could be joined by brick-and-mortar giant Walmart in 2026.
Shares of Coca-Cola (NYSE:KO) lost 5.10% over the past month after gaining 1.09% the month prior. That puts the legacy soft drink maker's year-to-date (YTD) gain at 5.87%. But since it's YTD high on April 22. Since then, KO is down 11.41%. The Dividend King is still having a strong year, and globally, Coca-Cola continues to expand its footprint. Last spring, the company announced it will be investing more than $1.4 billion in Argentina to boost production, improve logistics
Fortinet (FTNT) stock achieved its fifth consecutive day of gains, resulting in a total increase of 6.9% during this timeframe. Over the past 5 days, the company has seen an increase in value of approximately $4.5 Bil, with its current market cap reaching about $65 Bil. The stock is still 9.7% lower than its value at the close of 2024. By comparison, year-to-date returns for the S&P 500 stand at 13.2%.
So far this year, the stock is up more than 143%, and since its October 2022 IPO, PLTR has surged an eye-catching 1,890%. In September, it was reported that the company agreed to a £1.5 billion defense deal with the U.K. That comes not he back of an announcement in early August that the U.S. Army is consolidating 75 contracts into a single 10-year arrangement with Palantir valued at $10 billion.
Shares of PayPal Holdings, Inc. (NASDAQ:PYPL) lost 3.41% over the past month after plummeting 11.12% the month prior. That brings the payment processor's year-to-date loss to 21.65%. However, the stock is up 17.59% since its 52-week low on April 8. When PayPal reported Q2 earnings on July 29, it beat on both top and bottom lines. EPS was $1.40 versus an expected $1.30, and revenue was $8.29 billion versus an expected $8.08 billion.
Among the biggest mistakes Iger made late in his first time as a CEO was the launch of Disney's streaming product Disney+. The service kicked off in November 2019. It had about 500 movies from Disney, Pixar, Marvel, Star Wars, and National Geographic. It was too small and had too little content to compete with industry leaders Amazon and Netflix. In February, Forbes put the operating loss of Disney+, the proxy for which is Disney's Direct To Consumer (DTC) segment, at $10.7 billion since the service started.
Shares of Dutch Bros lost 10.37% over the past month, continuing a slide that's seen the coffee retailer's stock fall by 31.33% since its year-to-date high Feb. 18. Still, over the past year, BROS is up 69.67%. When it reported second-quarter results, Dutch Bros announced EPS of 26 cents, beating estimates of 18 cents, and quarterly revenue of $415.81 million, beating analysts' expectations of $403.24 million. BROS' earnings are expected to grow by 38.60% in 2026, from 57 cents to 79 cents per share.
From late 2020 to the summer of 2024, Eli Lilly & Co. ( NYSE: LLY) stock was on a tear, up more than 635%. Last year was a transformative year for the Indianapolis-based pharmaceutical giant, with substantial financial growth driven by its innovative medicines, significant regulatory successes, and continued investment in its pipeline and manufacturing capabilities. On the other hand, it did experience a revenue shortfall in the fourth quarter.
