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Stock impact report

Fortune Future 50 still dominated by tech despite short-term pain [Fortune]

DoorDash, Inc. (DASH) 
Company Research Source: Fortune
This one assesses 1,700 global public companies based on their long-term growth prospects, using a formula that includes market expectations but also a variety of other factors such as research and development spending, patent portfolios, relatively youthful and stable leadership, and lean corporate structures. Tech companies dominate the list, which says something about where the world is headed. Snowflake, a data cloud company based in Bozeman, Montana, is at the top. The company is partnering with Nvidia to allow companies to develop AI models and applications on its platform. Some e-commerce companies also rank, including DoorDash (#9) and China's trip.com (#37). Also on the list is Spotify (#48), which is interesting given the company's recent announcement of layoffs . I was especially struck to see ServiceNow on this list (#19), as it was also on yesterday's American Opportunity Index (#5). Any company so clearly focused on both the future and its employees deserves watching. Show less Read more
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