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10 Biggest Companies in the World

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The world’s biggest companies by revenue represent relatively new, faster-growth industries and mature, slower-growth ones ranging from ecommerce and tech devices to oil and retailing. No matter what, each company is a dominant force in its industry. While each of these companies has seen its business shift as a result of the COVID-19 pandemic, some companies continue to thrive due to their unique advantages as millions of consumers shelter in place.

These are the 10 biggest companies in the world by 12-month trailing (TTM) revenue, and it represents a striking diversity of industries.This list is limited to companies that are publicly traded in the U.S. or Canada, either directly or through ADRs. Some foreign companies may report semiannually, and so may have longer lag times. We add the caveat that two other companies that otherwise would be added to this list are Saudi Aramco, the Saudi state oil company; and State Grid, the Chinese state-owned electric utility. They were omitted because their stocks are not publicly traded in the U.S. or Canada. All data in this story are provided by YCharts and as of Sept. 10, 2020.

#1 Walmart Inc. (WMT)

  • Revenue (TTM): $542.0 billion
  • Net Income (TTM): $17.9 billion
  • Market Cap: $392.8 billion
  • 1-Year Trailing Total Return: 22.4%
  • Exchange: New York Stock Exchange

Founded in 1962, Walmart has since grown into one of the world’s largest retailers. The company operates discount stores, supercenters, neighborhood markets, as well as a robust online platform. Walmart sells a wide variety of merchandise including clothing and apparel, home goods, books, jewelry, food and beverage, pharmaceutical supplies, and automotive equipment.

#2 China Petroleum & Chemical Corp. (SNP)

  • Revenue (TTM): $355.8 billion
  • Net Income (TTM): $486.6 million
  • Market Cap: $53.5 billion
  • 1-Year Trailing Total Return: -21.7%
  • Exchange: New York Stock Exchange

China Petroleum & Chemical is a producer and distributor of a variety of petrochemical and petroleum products. The company’s products include gasoline, diesel, kerosene, synthetic rubbers and resins, jet fuel, and chemical fertilizers, among other related offerings. Also known as Sinopec, China Petroleum & Chemical is among the largest oil refining, gas, and petrochemical companies in the world. It is administered by the State Council of the People’s Republic of China.

#3 Amazon.com Inc. (AMZN)

  • Revenue (TTM): $321.8 billion
  • Net Income (TTM): $13.2 billion
  • Market Cap: $1.6 trillion
  • 1-Year Trailing Total Return: 78.5%
  • Exchange: NASDAQ

Amazon is the world’s largest online retailer by market cap. The company began as an online bookseller and has since grown to encompass virtually every category of retail. Besides selling products through its ecommerce platform, Amazon owns subsidiaries including Whole Foods Market and home security company Ring. Amazon’s fastest-growing areas of business are cloud computing services, subscription products like Amazon Prime, and streaming movies and other entertainment.

#4 PetroChina Co. Ltd. (PTR)

  • Revenue (TTM): $320.0 billion
  • Net Income (TTM): -$1.8 billion
  • Market Cap: $59.2 billion
  • 1-Year Trailing Total Return: -34.8%
  • Exchange: New York Stock Exchange

Oil and gas company PetroChina is engaged in oil exploration, development, production, and sales. It also manufactures petrochemical products. PetroChina is the exchange-listed branch of the Chinese state-owned China National Petroleum Corporation.

#5 Apple Inc. (AAPL)

  • Revenue (TTM): $273.9 billion
  • Net Income (TTM): $58.4 billion
  • Market Cap: $2.0 trillion
  • 1-Year Trailing Total Return: 121.3%
  • Exchange: NASDAQ

Apple designs, manufactures, and markets a broad range of consumer technology products, including smartphones, personal computers, tablets, wearable devices, home entertainment devices, and more. Among the company’s most popular products are its iPhone line of smartphones and Mac line of computers. Apple also is building a fast-growing services business, operating digital content stores, selling streaming video games, and providing streaming services such as Apple+, a platform for on-demand entertainment content.

#6 CVS Health Corp. (CVS)

  • Revenue (TTM): $264.0 billion
  • Net Income (TTM): $8.3 billion
  • Market Cap: $77.2 billion
  • 1-Year Trailing Total Return: -3.6%
  • Exchange: New York Stock Exchange

CVS is an integrated pharmacy health care provider. The company operates a chain of drugstores with locations throughout the U.S. as well as in Puerto Rico. Aside from retail, CVS offers pharmacy benefit management services, mail order pharmacy services, and disease management programs.

#7 Royal Dutch Shell PLC (RDS.A)

  • Revenue (TTM): $263.1 billion
  • Net Income (TTM): -$11.3 billion
  • Market Cap: $110.1 billion
  • 1-Year Trailing Total Return: -46.5%
  • Exchange: New York Stock Exchange

Based in the Netherlands, Royal Dutch Shell explores, produces, and refines petroleum through its subsidiary companies. In addition to operating gas stations around the world, Shell produces and sells fuels, lubricants, and other chemicals.

#8 Berkshire Hathaway Inc. (BRK.A)

  • Revenue (TTM): $260.5 billion
  • Net Income (TTM): $22.2 billion
  • Market Cap: $520.9 billion
  • 1-Year Trailing Total Return: 6.5%
  • Exchange: New York Stock Exchange

Berkshire Hathaway is a diversified holding corporation that owns companies in broad range of sectors and industries. The include insurance, energy generation, freight rail transportation, retail, and manufacturing companies, among others. The company also holds a substantial portfolio of equity securities and derivatives.

#9 Toyota Motor Corp. (TM)

  • Revenue (TTM): $248.6 billion
  • Net Income (TTM): $14.4 billion
  • Market Cap: $182.7 billion
  • 1-Year Trailing Total Return: 1.8%
  • Exchange: New York Stock Exchange

Toyota is a Japanese automobile company that manufactures, sells, leases, and repairs passenger cars, trucks, and buses worldwide. The company also sells parts and equipment and operates financing services. Aside from its core business, Toyota also develops intelligent transportation systems utilizing cruise control and electronic toll systems and builds pleasure boats and homes as well.

#10 Volkswagen AG (VWAGY)

  • Revenue (TTM): $247.4 billion
  • Net Income (TTM): $6.4 billion
  • Market Cap: $94.8 billion
  • 1-Year Trailing Total Return: 11.2%
  • Exchange: OTC

Volkswagen Group is the world’s largest automobile manufacturer by vehicle sales.3

 The German company builds, sells, and repairs both luxury and economy cars, sports cars, trucks, and other commercial vehicles. VW’s premier luxury brand is Audi.

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4 Important Tips for Having a Vacation Abroad

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4 Important Tips for Having a Vacation Abroad

Are you planning to go abroad but still don’t know what to prepare? People dream of going abroad, especially to countries like America and Europe. If this is your first time going abroad, you should check the following tips!

Prepare All Important Documents

The first thing you need to do is prepare important documents. For example, passports, ID cards, visas, and international driving licenses if you are going to drive abroad. Make sure you know whether the country you are going to visit is visa-free or not. For Southeast Asian countries, the Maldives and Turkey are visa-free, so you only have to have a passport. But a visa is still needed if you want to go to South Korea, Europe, or America. Make sure to scan your document and save it in the cloud like Google Drive or iCloud. Oh, yes, remember to check your vaccination status. Because every country needs your health information.

Make Itineraries

Itinerary is important for those who want to travel abroad. The reason is holidays abroad cost a lot of money, so when you can, take advantage of it with a well-planned schedule. Research in detail the tourist destinations you want to visit. For example, what is unique in it, ticket prices, transportation to get there, to the distance from the inn you’re staying. Remember to include places to eat that you want to try. Make sure the place to eat is according to your preferences, such as halal or free of certain food allergies.

Book Tickets in Advance

When you know how long you will be on vacation with the itinerary that has been prepared, it’s time to book plane tickets and lodging. Find cheap tickets by:

  1. Using promos and discounts on travel agent applications.
  2. Comparing which price is lower and what kind of facilities you will get.
  3. Choosing accommodation that fits your budget but is still comfortable.

Oh yes, also remember to check how the pandemic situation is in the country you are going to visit. Do you have to quarantine or not? Because it will affect your itinerary and accommodation. Due to the pandemic conditions that have not fully recovered, check whether there is still Indonesia quarantine after returning from vacation.

Exchange Money and Check Your ATM Cards

Exchange your currency into the destination country’s currency, for example, yen, euros, dollars, won, and others. But remember, don’t carry too much cash because it’s also prone to theft, besides being wasteful. For the rest, you can do cashless transactions. Check your bank’s ATM card to see if it has Visa, MasterCard, or Cirrus logos. This row of stamps indicates that your bank is working with banks abroad. Or you can also use a credit card to make your transaction easier.

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Down 43%, Is This Tech Stock Worth Buying Right Now?

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Down 43%, Is This Tech Stock Worth Buying Right Now?

Skyworks Solutions (NASDAQ: SWKS) announced its fiscal 2022 fourth-quarter results (for the three months ended September 30) on November 3, and the supplier Apple’s stock price has risen 11% since then.

Skyworks beat expectations and showed solid growth at a time when smartphone sales were declining, but forecasts show the chipmaker is about to hit a bump. With that said, let’s take a closer look at the latest results from the chipmaker. Let’s take a closer look at whether the stock can sustain new momentum after losing 43% of its value in 2022.

Skyworks solutions deliver reliable results for non-mobile businesses
Skyworks’ fourth-quarter revenue increased 7% year-over-year to a record $1.4 billion. The company also reported non-GAAP (adjusted) earnings of $3.02 per share, up 15% year-over-year. Skyworks easily justified analyst estimates of $2.91 per share. For the year, the company’s revenue increased 7% to $5.5 billion and earnings rose similarly to $11.24 per share.

The strong growth of chipmakers in the fourth quarter was the result of successful diversification into new markets such as Internet of Things (IoT) and automotive, as well as relationships with major smartphone original equipment manufacturers (OEMs). Yes, it helped make up for it. Weakness in the smartphone market. space. However, it was the non-mobile business that put a lot of effort into Skyworks last quarter.
As CFO Chris Sennesael noted in the report, the company generated $500 million in revenue from broad market segments (counting chip sales for non-mobile applications like IoT), up 30% from the previous year. Last earnings conference call. Broad market companies contributed 36% of Skyworks’ revenue last quarter, up from 29% in the same period last year.

It’s also worth noting that Skyworks earned $2 billion in revenue from this segment for the entire fiscal year. That’s almost 43% more than the $1.4 billion in revenue last fiscal year. The good news is that the company’s business in a wide range of markets can maintain its momentum. This is because, as Skyworks showed in its earnings report, it is attracting new customers in high-growth niches like IoT.

“In IoT, we continue to win new customers and expand our content. We have partnered with Vodafone to launch the UK’s first WiFi 6E platform. We have launched a solution for Fi 6 hotspots.”

Skyworks also enables the deployment of O-RAN (Open Radio Access Network) and delivers record quarterly results in the high-growth automotive business niche. For example, the O-RAN market is expected to grow at an annual rate of 42% until 2030. Meanwhile, according to Mordor Intelligence, the demand for connected cars will grow by 19% per year until 2027.

These catalysts explain why Skyworks expects its broad commercial segment of the market “to be a major driver in FY23 and beyond.”

The mobile business was not in its best last quarter
Skyworks’ mobile business generated approximately $907 million in revenue last quarter (this is total revenue minus $500 million from the broader market business). By comparison, 71% of Skyworks’ $1.31 billion in revenue last year came from its mobile business, worth nearly $931 million.

Thus, the company’s mobile business, which generates most of its revenue, declined year-over-year in the most recent quarter. This is not surprising given that smartphone sales have been declining for the past five quarters. Skyworks considers Apple its biggest client, with the smartphone giant generating 58% of its revenue last year.

Last quarter, Apple shipped 48.5 million smartphones, 6.4% more than last year. However, the overall smartphone market was down 9% year-over-year. And now things could get even worse for Skyworks.

All of this explains why Skyworks management is targeting a sharp drop in sales and profits. The chipmaker expects revenue of $1.3 billion to $1.35 billion and adjusted earnings of $2.59 per share in the first quarter of fiscal 2023. These numbers show double-digit declines in both revenue and earnings compared to the last year.

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Tech Shares May Weigh On Taiwan Stock Market

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Tech Shares May Weigh On Taiwan Stock Market

(RTTNews) – The Taiwanese stock market fell nearly 230 points (1.7%) on Tuesday after falling for two days. The Taiwan Stock Exchange is currently just above the 14,700 plateau, but selling pressure is likely to resume on Wednesday.

The global outlook for Asian markets is mixed, with little change ahead of major economic events that could affect the interest rate outlook. European and US markets were mixed and flat, followed by Asian equities.

The Tokyo Stock Exchange closed sharply higher on Tuesday after gains in financial, technology and cement stocks.

The index closed at 14,709.64, up 152.77 points (1.05%) after trading between 14,449.05 and 14,716.58.
Among assets, Cathay Financial was up 3.45%, Mega Financial was up 1.78%, CTBC Financial was up 2.93%, Fubon Financial was up 2.94%, First Financial was up 1.35%, E Sun Financial rose 1.66%, Taiwanese semiconductor company rose 1.35% and United Microelectronics rose 1.35%. Corporation and Catcher Technology rose 0.56%, Largan Precision shed 0.22%, MediaTek rose 1.42%, Delta Electronics rose 1.71%, Novatek Microelectronics rose 0.51%, China Steel rose 0.51%. 2.87%, Formosa Plastics shed 0.22%, Nan Ya Plastics rose 0.92%, Asia cement rose 1.48%, Taiwanese cement rose 1.67%, and Hon Hai Precision remained unchanged.

Wall Street’s lead indicates a slight negative bias as the leading average rose, then fell in the middle of the session, but then rose to end the mix almost unchanged.

The Dow rose 3.07 points (0.01%) to close at 33,852.53, while the NASDAQ fell 65.72 points (0.59%) to close at 10,983.78, and The S&P 500 fell 6.31 points (0.16%) to 3957.63.

Volatile trading on Wall Street comes amid continued uncertainty about the situation in China following widespread outcry over the country’s Covid restrictions.

Traders may also have been reluctant to make any significant moves ahead of comments from Federal Reserve Chairman Jerome Powell today that could provide further clues about the rate outlook. Unemployment data continues to be released on Friday.

In terms of economic news, the Conference Board released a report showing a moderate decline in US consumer confidence in November.

Crude oil futures ended higher on Tuesday, extending gains from the previous session on hopes that OPEC could cut production to support prices later this week. West Texas intermediate oil futures rose $0.96, or 1.2%, to $78.20 a barrel in January.

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