It’s time for revenge for GAFAM and other high-tech leaders like Nvidia: their stock market growth has been stronger than that of Bitcoin over the past 12 months …
In January 2021, if you had invested in bitcoin, for 27 euros placed you would have recovered around 44 euros, a very good increase of around 40%. Only here, if at the same time you had bought a Google share (Alphabet), you would have realized an even greater capital gain – equal to 67%! The reason for this progression: increased advertising revenue on various Google platforms, which includes YouTube.
New progressions
We find the same health at Apple (+ 41%) especially as very recently, Apple briefly crossed the mythical threshold of 3,000 billion market capitalization. With a capitalization of 2,500 billion dollars, Microsoft shows an increase of 54%, while that of Tesla was 64%. Alphabet-Google, Amazon and Tesla are below the $ 2,000 billion mark. It remains that they all eclipse the Bitcoin, with a capitalization of $ 861 billion.
In general, the stocks listed on the Nasdaq – which lists technological stocks – have shown resounding health: + 21.3% on average over the year. Among the champions of the lot in matter of progress, also appears the manufacturer of graphics cards Nvidia (+125%).
What to say ? 2021 was the year of cryptocurrencies with notable progressions for a large number of stocks such as Solana, Axie or Terra Luna. However, they were able to make people forget that the high-tech giants have achieved even stronger performances. Especially since some of these companies (Microsoft, which appeared in 1975 and Apple, which appeared in 1976) will be in their fifties before the end of the decade. At a time when hundreds of executives leave GAFAM to join crypto start-ups, those concerned, worried about the phenomenon, can highlight this insolent health.
Obviously, Bitcoin is paying here for the effects of its decline in December. And so, Bitcoin supporters were quick to point out that the numbers would be very different if it had taken months like April or November to make such comparisons. The fact remains that for the time being, at the start of the year, the GAFAMs and other “traditional” high-tech values can savor a beautiful moment of victory over this new world which is supposed to relegate them to oblivion …
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