Shift in top companies from oil and vehicles to retail and technology, with Walmart and Amazon leading.

From Nasdaq: 2024-09-01 09:00:00

In the past 40 years, the landscape of the world’s biggest publicly traded companies by revenue has shifted dramatically. In 1984, oil and vehicles dominated, with IBM leading in tech. Today, retail and technology reign supreme, with companies like Walmart and Amazon leading the pack.

Walmart and Amazon have solidified their positions as retail giants, with Walmart excelling in brick-and-mortar stores and Amazon revolutionizing e-commerce. These companies, along with oil giants like Saudi Arabian Oil and Sinopec, reflect the changing tides of consumer preferences and industry trends.

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Read more at Nasdaq: These Were the 5 Biggest Companies in 1984, and Here Are the 5 Biggest Companies Now