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GFD Blog

The First Billion-Dollar Company

Apple is fast approaching a market capitalization of $1 trillion. Their current market cap is about $900 million and an 11% increase in their stock price will make Apple the first $1 trillion company. It was only back in 1970 that the capitalization of the entire United States stock market hit $1 trillion and soon a single company may be worth that much.

This raises the question, what was the first company to be worth $1 billion?

By all rights, the winner of that award should have been U.S. Steel. When it went public in February of 1901, it issued $508 million in common st ...

Bull and Bear Markets in Nineteenth Century America

Global Financial Data has produced a daily railroad index for the United States from 1832 to 1903. GFD has linked this index to the Dow Jones Transport Average to provide a continuous daily index covering 187 years of U.S. transport history from 1832 to 2018. With this index, we can conduct precise calculations, both in prices and in time of the bull and bear markets that occurred in the United States between 1832 and today. Until now, calculations of the bull and bear markets in the 1800s were just estimates and guesses, now we can get an exact measurement.

Bulls and Bears

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GFD Adds Market Capitalization Data by Country to its GFD Indices

Global Financial data has added 180 market cap country indices to its GFD Indices. The indices cover 90 countries with one index providing both data on the total market cap of that country in US Dollars with the number of companies that are included in the calculations, and a second index showing total market cap of that country as a percentage of the global total. Country classification is based upon which country the firm operated in.

Global Financial Data has information on 75,000 companies that listed in the United States, United Kingdom, Canada and other countries. Before Wor ...