Google, Apple, Facebook and Amazon are the four biggest tech companies in the world.
And together, they’ve been dubbed GAFA.
As much as they found themselves in the spotlight, and despite calls for break ups and increased regulation, 2019 was pretty good to them.
As they’re heading into 2020, their combined market cap is valued at $3.4 trillion.
That’s up 31% from 2019’s first day of trading.
But how is the media faring in all of this?
The media sector started 2020 with a combined valuation of $1.5 trillion.
That’s up 28%.
But even though those numbers are up, GAFA’s market cap pulled away from the medias by $493 billion more.
There were six media and tech companies that increased in value by $50 billion or more in 2019.
GAFA made the top four.
Only Disney and AT&T made it in the media.
Comcast was close at $49 billion, but there was no cigar.
Investors want to know – will this be the year when one tech company is worth more than the entire valuation for listed media?
They think that three out of four in the GAFA line up could.
Read more here.