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Business / 2 weeks ago
How market capitalisation milestones reveal a century of economic power shifts
From U.S. Steel becoming the world’s first billion-dollar company in 1901 to Nvidia’s projected rise toward a $5 trillion valuation, market capitalisation milestones trace a century-long shift in global economic power from heavy industry to consumer technology and now artificial intelligence. From U.S. Steel becoming the world’s first billion-dollar company in 1901 to Nvidia’s rise toward a $5 trillion valuation, market capitalisation milestones trace a century-long shift in global economic power from heavy industry to consumer technology and now artificial intelligence. At the start of the 20th century, U.S. Steel’s $1.4 billion valuation reflected an economy driven by railroads, construction, and large-scale manufacturing, with steel forming the backbone of global industrial growth.
Technology / 30 weeks ago
How the world’s top smartphone makers shifted in 15 years
Once led by brands in the US, Europe, and Canada, the phone manufacturing industry has become largely consolidated in China and South Korea, reflecting broader shifts in technological innovation, supply chain integration, and consumer preferences. In 2010, the smartphone industry was a tapestry of innovation hubs:
