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Race Among The Top Three
By The Bedokian Portfolio  •  June 16, 2024

Forget the Euros which is happening right now or the Olympics next month; we have a new competition going on and it is called the market capitalisation (or market cap) race. Akin to the English Premier League table, we saw the world’s largest companies (not intentionally anyway) jostling for the top three positions, and so far, the current ones in the leaderboard are Microsoft, Apple and Nvidia.


Picture generated by Meta AI

The last couple of weeks saw quick positional changes, with Nvidia pushing Apple from second to third.  Then just a few days ago after their announcement of new operating systems and Apple Intelligence, the fruit symbol climbed back up to first after a price spurt, reclaiming the top spot from Microsoft. As of the end of trading on Friday, the ranking was, in order, Microsoft, Apple and Nvidia.

It is kind of exciting to see these

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By The Bedokian Portfolio
My first encounter with the financial markets started in the aftermath of the 2008/2009 Global Financial Crisis. Before this, I had no notion of what investment and trading were, although I had learned about economics, business management and accounting back in my university studies. I was a trader when I first started, albeit an amateurish one, and trading was just a side hobby of mine ...
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