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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.

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World / 3 weeks ago

Half of global GDP comes from just 3.6% of the world — new data shows the imbalance

Only 3.6% of the world’s land area generates half of global GDP, a striking reminder of how unevenly economic power is distributed across the planet. Only 3.6% of the world’s land area generates half of global GDP, a striking reminder of how unevenly economic power is distributed across the planet. The regions highlighted, including parts of the United States, Western Europe, Japan, China’s major coastal hubs, and South Korea, represent the world’s most concentrated engines of productivity.

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