10 companies that made the most money during the pandemic

The COVID-19 pandemic, which will have a strong impact on the world economy, generated diverse effects among multinationals, where losing sectors appeared but also great winners, according to a survey carried out by the Financial Times.

The 10 companies that have made more money In stock market capitalization during the pandemic they are mostly technological, in a context in which more people were reluctant to leave their homes and online commerce was promoted.

Then the 10 companies than more have benefited more from the pandemic by increasing their market capitalization, according to calculations by the Financial Times:

10th place – top earning companies: T-Mobile

People became increasingly dependent on their phones to connect, and thus increasingly dependent on a recently merged T-Mobile with rival Sprint. The union between the two made the operator the third largest in the US telecommunications market, being the one that has grown the most between them.

• Company value: $ 59.7 billion
• Stock value (before the pandemic): $ 79.75
• Stock value (As of today): $ 107.51

Position 9 – companies that won the most: PayPal

Ecommerce boosted PayPal’s business

PayPal limited itself to facilitating its transfers, deploying new capabilities for contactless payments in physical stores and becoming strong in sectors where, in the physical world, it was not so much. Also, its Venmose transfer app has become quite popular lately.

• Company value: $ 65.4 billion
• Stock value (before the pandemic): $ 101.63
• Stock value (As of today): $ 169.01

Position 8 – companies that won the most: Alphabet

Google Met, an application that grew a lot during the pandemic

Google, which supplies virtually all of Alphabet’s revenue, kept demand better than expected and managed to emerge stronger than before thanks to the demand for cloud computing, the boom in the Meet application and the rise in numbers in the Google Play store. , all of them benefited by confinement, teleworking and the empire of online entertainment.

• Company value: $ 68.1 billion
• Stock value (before the pandemic): $ 1,114.91
• Stock value (As of today): $ 1,435.29

Position 7 – companies that won the most: Nvidia

The gaming industry expanded due to the pandemic

Nvidia’s graphics cards have become a mainstay of video games, and the pandemic has only increased this domain. Even the big Internet companies decided to count on Nvidia for its integrated circuit technology for workstations and data centers. Digital activity, once again, allied with the coronavirus.

• Company value: $ 83.3 billion
• Stock value (before the pandemic): $ 245.44
• Stock value (As of today): $ 377.15

Position 6 – companies that won the most: Facebook

Facebook CEO in the eye of the storm for disinformation on networks

The blows to the Facebook advertising business during the pandemic have been offset by its more than 2.6 billion hungry social media users.

However, its content moderation capabilities have been expanded by coronavirus-related disinformation and conspiracy theories. Its CEO, Mark Zuckerberg, has come under scrutiny and is now being rejected by several companies, which started an advertising boycott. However, the stock grew during the pandemic.

• Company value: $ 85.7 billion
• Stock value (before the pandemic): $ 169.5
• Stock value (As of today): $ 239.19

Position 5 – companies that won the most: Tencent

Quarantine boosted the Chinese company’s business

The Chinese were the first to be confined to their homes and, therefore, the first to transfer their lives to the virtual world. The multinational not only provides internet services to almost 1,400 million Chinese, but its video games and online video platforms are the most consumed in the east of the planet, with more than 112 million users in Tencent Video and close to 1,200 million in the different branches of WeChat social apps, essential to buy food or check a person’s health during the pandemic.

• Company value: $ 93 billion
• Stock value (before the pandemic): HK $ 373
• Stock value (as of today): HK $ 460.4

Position 4 – companies that won the most: Tesla

Musk has been leading the way in the electric car industry

Its CEO, Elon Musk, has promised to change the entire car ownership model with fleets of automatic robotaxis and electric batteries of millions of kilometers. Expectations are so high that even Musk himself acknowledged on Twitter that “Tesla’s stock price is too high.” It was saying it and they haven’t stopped climbing.

• Company value: $ 108.4 billion
• Stock value (before the pandemic): $ 667.9
• Stock value (As of today): $ 1,007.5

Position 3 – companies that won the most: Apple

Apple released new products during the pandemic

The company led by Tim Cook managed to launch a new iPhone, iMac and MacBook Air in a pandemic, attracting more users to an increasingly diverse product ecosystem, according to Business Insider slogan. In fact, according to the forecasts of some Apple executives, the sales of some items will even increase compared to the forecasts, since teleworking encourages users to update their devices.

• Company value: $ 219.1 billion
• Stock value (before the pandemic): $ 273.36
• Stock value (As of today): $ 354.02

Position 2 – companies that won the most: Microsoft

Microsoft’s move to the cloud by Satya Nadella, CEO since 2014, has left the historic company well placed for a world where remote work prevails.

The Teams application to communicate has become one of the most used ways to keep in touch with workers; Furthermore, the Azure cloud computing platform has become part of the digital backbone for many large companies.

Microsoft even has its pure side of entertainment, with more than 90 million players on Xbox Live online during the month of April.

• Company value: $ 269.9 billion
• Stock value (before the pandemic): $ 158.18
• Stock value (As of today): $ 198.81

Rank 1 – top earning companies: Amazon

Jeff Bezos, founder of Amazon, the company that grew the most during the pandemic

The company led by Jeff Bezos became the online grocery market for those most reluctant to leave home. With the shortage of traditional stores around the world, Amazon devised a supply policy focused solely on “essential products”, such as household or hygiene items. The income was not long in noticing, but also the costs.

At times, Bezos even feared his first quarterly loss since 2015, but the tremendous boom in online shopping and the growing importance of his cloud business in a context marked by teleworking raised Amazon’s shares to levels never seen before. There they continue.

• Company value: $ 401.1 billion
• Stock value (before the pandemic): $ 1,883.85
• Stock value (As of today): $ 2,686.71

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