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Google Overtakes Exxon As Second-Biggest US Company

Tyler Durden's picture





 

Trinkets and Ads trump global energy provision...

 

 

Google, which became the world’s largest online advertiser through its dominant search engine, has a market capitalization of $393.5 billion while oil company Exxon is valued at $392.6 billion, according to data compiled by Bloomberg. Apple has a market value of $465.5 billion. Software company Microsoft Corp. is No. 4 with $302.1 billion.

 

Chart: Bloomberg

 


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Fri, 02/07/2014 - 14:47 | Link to Comment alien-IQ
alien-IQ's picture

Yes, being an NSA bagman is lucrative.

FUCK GOOGLE.

Fri, 02/07/2014 - 14:53 | Link to Comment Looney
Looney's picture

FUCK GOOGLE = FOOGLE  ;-)

Looney

Fri, 02/07/2014 - 14:55 | Link to Comment Divided States ...
Divided States of America's picture

GOOGLE aint just an advertising company....its an armed military robotics company and THAT part of the business is the most important for deriving profits in the future.

Fri, 02/07/2014 - 14:56 | Link to Comment alien-IQ
alien-IQ's picture

when killing becomes a profit industry, expect to see a lot of corpses.

Fri, 02/07/2014 - 15:03 | Link to Comment Divided States ...
Divided States of America's picture

Yes, these Motherfuckers will soon develop a robot that knows everything about you, where the fuck you live, where and who you hang out with, what the fuck you do in your spare time....they will be programmed to hunt you down if they feel that you are a threat based on all the tabs they are keeping on you.

Google truly may become the mega corporation of the entire world. Now I can understand China why the fuck they dont let Joogle of Farcebook into their country.

Fri, 02/07/2014 - 15:39 | Link to Comment SafelyGraze
SafelyGraze's picture

going forward, we will be providing "personal smart service" with our products.

these products will include a special blend of "tracer" compounds, unique to you and your vehicle, so that you can enjoy maximum performance.

another new product we are rolling out is a personal drone to sample your fumes to verify your identity and your previous locations.

this will help us work together to ensure that you were enjoying maximum performance while motoring.

hugs,
tillie

 

 

Fri, 02/07/2014 - 15:51 | Link to Comment wintermute
wintermute's picture

DOW still doesn't include Google.

Fri, 02/07/2014 - 16:09 | Link to Comment MopWater
MopWater's picture

That will be the last ditch effort to finish pulling the wool over and proving everythings alright.  Dow 18k ftw

Fri, 02/07/2014 - 17:23 | Link to Comment dryam
dryam's picture

Long Big Brother = Long Google.

Sat, 02/08/2014 - 22:46 | Link to Comment nje
nje's picture

dont think for a moment that america's businesses aren't already into killing. on top of lockheed martin and the like, and the way they contribute to death through the military, america also has kfc, mcd's, etc and etc. i'm not talking the hundreds of thousands of heartattacks and strokes those merchants cause per year, I'm talking about the killing they do in order to kill americans. the meat industry kills 33 animals/american/year. america is already responsible for at least 10 billion deaths per year, and thats before the consideration of the amount of murder caused on foreign soil.

each american contributes to approximately 33 murders per year for their own benefit.

if you think this is a joke, search 'ag-gag' laws. the american government has passed laws preventing the average american in knowing the horror that goes on in meat farms.

Fri, 02/07/2014 - 14:57 | Link to Comment alien-IQ
alien-IQ's picture

that would be a good word for when you get fucked by google:

"I got foogled."

I like it! Call Websters!

Fri, 02/07/2014 - 14:47 | Link to Comment Pladizow
Pladizow's picture

Of course, this makes sense in Ben's  bizzaro world!

Fri, 02/07/2014 - 17:16 | Link to Comment Radical Marijuana
Radical Marijuana's picture

Indeed, Pladizow!

In a fiat money world, "values" are fetishes.

The higher up in the pyramid one goes, the more obvious that the "values" are fetishes becomes. The source of "Ben's bizarro world" is the triumphant application of the methods of organized crime to systematically take control over the government, so that governmental FORCE is used to back up fiat FRAUD. Therefore, the "value" of everything is hidden through the covert ways that measurements are backed up by murders, while those murders are deliberately disassociated from the measurements.

Fetishism is the attribution of religious or mystical qualities to inanimate objects, known as fetishes.

"Ben's bizarro world" is our state religion, where the patently absurd system of privatized fiat money, MADE OUT OF NOTHING, as debt, is enforced by the government to be treated with respect by everyone that must operate within that system. Since our monetary system is therefore basically a fetish, of force backed frauds, everything within that system has "values" which are fetishes.

COLLECTIVELY, CIVILIZATION IS CRAZY, because of the history of warfare, and then finance, being based on successful deceits and frauds. However, one cannot expect any return to sanity, rather than runaway frauds, backed by force, driving themselves to mad self-destruction, because the ONLY way that the monetary system could be made to be more rationally sane about itself is IF it consciously connected how its murder system backed up its money system, rather than deliberately disassociated those as much as possible.

The basic problem is that political economy is inside human ecology. The symbolic economic measurements could not make more genuine scientific sense unless they were consistent with the general energy systems in the surrounding environmental ecologies. However, in order to do that, then human reproduction could not have a false fundamental dichotomy between it and all other forms of production.

More specifically, when "money" becomes primarily nothing more than bursts of encoded electricity, then it makes perverse sense that the information in the form of encoded electricity by Google has greater "value" than the energy in crude oil, (despite that being utter nonsense from the point of view of objective energy measurement.) The human measurements are based on frauds, where the forces to back up those frauds are hidden, and so, not included in those measurements as much as they could be excluded, and therefore, the encoded electricity "money" has tremendous symbolic value to people, who have been brainwashed to fetishize everything, due to the long history of their government forcing them to accept frauds at face value. Therefore, pieces of paper, or tiny bursts of electricity, have been given enormous "value" in that system.

In general, since the debt controls are based on the death controls, but those death controls are excluded as much as possible from the fundamentally fraudulent accounting systems that calculate those debt controls, human civilization becomes a Bizarro Mirror World, whereby entities like the Federal Reserve Board, inside the context of the globalized international banksters, (Fraud Kings, central banks, with the BIS as the King of Kings of Fraud) dominating everything through their triumphant frauds, enforced by national governments (who have more and more given away their power to international organizations),  ALL TOGETHER RESULTS IN A WORLD WHERE LITTLE BURSTS OF ELECTRICITY ARE WORTH MORE THAN BARRELS OF OIL, BECAUSE THOSE BARRELS OF OIL CAN BE BOUGHT WITH THOSE BURSTS OF ELECTRICITY.

The absolute ecological absurdity and utter insanity of that situation is a runaway, because the way that money is actually measurement backed by murder is able to be totally ignored by the vast majority of people, who have lived their whole lives within the state religion monetary system, and therefore, were forced to take that for granted. Of course, all of those factors taken together are on a tragic trajectory, where the crazy fetish values upheld by our civilization are going to eventually result in massive psychotic breakdowns. However, since everyone who best operates within that social system continues to get more wealthy and more powerful, within that system, (like Google & the NSA, etc.) there are no practical political ways to stop the Federal Reserve Board's Bizarro Mirror World from becoming more backwards and more distorted, regarding the valuation of everything.

Fri, 02/07/2014 - 14:50 | Link to Comment Cymore Duttz
Cymore Duttz's picture

I use their products everyday.

Fri, 02/07/2014 - 14:56 | Link to Comment Ignatius
Ignatius's picture

Exxon, bastards that they are, delivers usable gasoline.

Google, bastards that they are, delivers the NSA/CIA/FBI.

Valuations?  Hmmm, that's a tough one.

Fri, 02/07/2014 - 15:06 | Link to Comment CrashisOptimistic
CrashisOptimistic's picture

All things are not forever.

Read Exxon's latest quarterly.  And Chevron's.  And Total's.  And RDShell's.

All, repeat, all are beset with falling oil production.  They can't find replacement for what they ship.

All part of little bits of evidence that one can find and put together if one looks. 

Forget printing.  Forget gold.  Forget NSA.  Forget politics.

Oil scarcity is an equal opportunity killer.  Geology doesn't care about all those other things.

Fri, 02/07/2014 - 15:12 | Link to Comment firstdivision
firstdivision's picture

But...but...but...but Peak Oil is a tinfoil hat theory. Those people that got paid to lie that it is a lie wouldn't have lied to me.

Sat, 02/08/2014 - 06:09 | Link to Comment svayambhu108
svayambhu108's picture

石油峰值

Fri, 02/07/2014 - 15:15 | Link to Comment superflex
superflex's picture

If geology cares about oil (whatever that means), it cares about gold.

 

Fri, 02/07/2014 - 15:26 | Link to Comment aVileRat
aVileRat's picture

Give us a call when you can burn gold. Gold burns you. No seriously, it gets really hot when you try to burn it, be careful.

 

Fri, 02/07/2014 - 15:43 | Link to Comment CrashisOptimistic
CrashisOptimistic's picture

Maybe it's easier for you rephrased.

Only the joules that geology created matters.  Nothing, with a capital N, else does.

Fri, 02/07/2014 - 16:27 | Link to Comment TuPhat
TuPhat's picture

Geology didn't create joules or any other measure of energy.  Fossil energy all came from the Sun originally.  Nearly all the energy on the planet came from the Sun.

Sat, 02/08/2014 - 06:13 | Link to Comment svayambhu108
svayambhu108's picture

Nearly anything came from a sun anyway. We are all star dust.

Fri, 02/07/2014 - 15:26 | Link to Comment Ignatius
Ignatius's picture

I hope 'peak spying' is just as certain.

Fri, 02/07/2014 - 14:58 | Link to Comment Tortuga
Tortuga's picture

And being as how they are doing god's work, they reciprocrate.

Fri, 02/07/2014 - 14:58 | Link to Comment alien-IQ
alien-IQ's picture

And they use you.

Fri, 02/07/2014 - 17:32 | Link to Comment Radical Marijuana
Radical Marijuana's picture

Me too, Cymore. These days, to avoid using the big computer and Internet products is more and more becoming like being able to avoid using gasoline, or national currencies, which are practically impossible to avoid. Even if one does not directly burn the gasoline, or spend the dollars, the entire system that surrounds and supports us is more and more dependent upon the big computer and Internet companies, to the degree that it becomes more and more impossible to avoid doing so.

Just like the banksters' fiat money frauds were enforced by the government, and therefore propelled to become debt slavery for the entire population, from which nobody could escape, the big computer and Internet companies are more and more integrated into the same monetary system, and successful within that context, so that they indirectly are able to force people to participate, since there are no real choices to operate outside of that.

Personally, I believe, although I could not prove it, that all the biggest and most successful computer and Internet companies necessarily agree to work with the secret police forces, and owe their real success to that source, while otherwise, they would not have been allowed to become successful.

We are lucky to be living near the beginning of those things, so that some of the creative ideals of their founders are still residually present in the currently established systems. However, those system are rapidly being whipped into the shape of social pyramid systems, while the original creative ideals which were built into the foundations of personal computers and the Internet are being systematically eroded and undermined.

Enjoy the freedom to post comments on Web sites like Zero Hedge while it lasts!

Fri, 02/07/2014 - 18:05 | Link to Comment scrappy
scrappy's picture

I do not and never will...ever.

Fri, 02/07/2014 - 14:49 | Link to Comment Dr. Engali
Dr. Engali's picture

For a company whose slogan is 'do no evil' they sure do and awful lot of it.

Fri, 02/07/2014 - 14:59 | Link to Comment alien-IQ
alien-IQ's picture

Most slogans are bullshit. For example "Land of the free"

Fri, 02/07/2014 - 15:01 | Link to Comment Rainman
Rainman's picture

you mean " Land of the Free Shit Army " ?

Fri, 02/07/2014 - 18:20 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

.

For a company whose slogan is 'do no evil' they sure do and awful lot of it.

...and why not? If a company's goal is to betray every last human being that it can to the highest bidders, it wouldn't make sense to have the slogan, "robbing you of your humanity."

Fri, 02/07/2014 - 14:53 | Link to Comment Kaiser Sousa
Kaiser Sousa's picture

3 days in a row again the same phony paper price pattern...

notice the 4 hour span when the CRIMEx opens proceeding into the London close...all centered around that $20 mark...

then watch the sideways trade for the rest of the day...

yeah right.... http://www.kitco.com/charts/livesilver.html

and fuck Google...thats what this economy has come down to??????????

 

Fri, 02/07/2014 - 16:11 | Link to Comment vulcanraven
vulcanraven's picture

Sweet as

Scooped up 9 silver eagles for myself last night

Fri, 02/07/2014 - 14:51 | Link to Comment Chief_Illiniwek
Chief_Illiniwek's picture

I've been receiving my propane via the internet for years. 

What's the news here?

Fri, 02/07/2014 - 14:54 | Link to Comment youngman
youngman's picture

Things vs electrons....things are better for the world...electrons are just toys

Fri, 02/07/2014 - 15:05 | Link to Comment LMAOLORI
LMAOLORI's picture

 

              Google: The Halliburton of the Obama Administration

 

And just like the hypocritical warren buffoon who claims he wants to pay more taxes....

 

 

Apple, Google Among Top U.S. Companies Parking Cash Offshore To Reduce Taxes, Study Says
Fri, 02/07/2014 - 14:54 | Link to Comment thismarketisrigged
thismarketisrigged's picture

soon every fucking company will have a market cap of over 300 billion, but it wont mean much.

 

in this fucked up world, nflx will prob overtake aapl and goog as the biggest company by marketcap shortly.

 

nothing here makes sense

Fri, 02/07/2014 - 14:55 | Link to Comment free_as_in_beer
free_as_in_beer's picture

I was leaning towards YUM, but OK.

Fri, 02/07/2014 - 15:07 | Link to Comment CrashisOptimistic
CrashisOptimistic's picture

Hard to get explosive market cap increases when you buy back all your shares.

Fri, 02/07/2014 - 14:57 | Link to Comment Gunga
Gunga's picture

My Zimbabwean SockPuppet stock is worth more than EXXon times Google plus strawberry ice cream.

Fri, 02/07/2014 - 16:29 | Link to Comment TuPhat
TuPhat's picture

A Zimbabwean SockPuppet in the hand is worth more than...  never mind.

Fri, 02/07/2014 - 14:57 | Link to Comment tarsubil
tarsubil's picture

I think I'm reading something wrong. Are these numbers wrong?

Exxon market cap at 393 bil with consistent +350 bil annual revenue and +35 bil in annual profits.

Facebook market cap at 163 bil with 8 bil in revenue and 1.5 bil in profit last year?

What am I missing here?

Fri, 02/07/2014 - 15:01 | Link to Comment Whoa Dammit
Whoa Dammit's picture

You"re missing The Vig.

Fri, 02/07/2014 - 15:03 | Link to Comment Scoobywan
Scoobywan's picture

FB makes that 1.5B with very little hard assets

FB is the Atari Jaguar of the NASDAQ...

Fri, 02/07/2014 - 15:04 | Link to Comment Eeyores Enigma
Eeyores Enigma's picture

"What am I missing here?"

 

Fossil fuels?... we don't need no stinking fossil fuels.

We got Tech man.

Fri, 02/07/2014 - 14:58 | Link to Comment i_call_you_my_base
i_call_you_my_base's picture

It's not that surprising. Google's advertising model is not like twitter or facebook, their ads display when a user is going to make a transaction / purchase. They basically make commission on online purchases. The others are brand advertising, which is not nearly as lucrative. The model is really pretty solid. Advertising has very large margins, there are no input costs, and it's stable as long as you can hold the audience.

Fri, 02/07/2014 - 16:04 | Link to Comment Not Goldman Sachs
Not Goldman Sachs's picture

I use neither fbook nor twatter, but keep getting ads for stuff already purchased. Seems like a stupid model to me. I am sorry but search is not worth a barrel of greasy monkeys.

Fri, 02/07/2014 - 15:05 | Link to Comment Son of Captain Nemo
Son of Captain Nemo's picture

WOW!

Surpasses Exxon.  What a truly extraordinary accomplishment given that it's the most strategically important international energy company' in the world, it's profitability, it's age and status and the fact that Google is a 10 years old Company that makes it's revenue soley on advertisements...

After reading this I'm going to buy me some GOOG...  You would have to be insane not too!

Right?

 

Fri, 02/07/2014 - 15:08 | Link to Comment yogibear
yogibear's picture

After Apple then Google. Momo's are doing their work work. Plenty of other stocks to jump on and run up.

Leverage works to pile in and make a pile of money.

 

Fri, 02/07/2014 - 15:08 | Link to Comment Major Major Major
Major Major Major's picture

If you look at it by enterprise value vs. equity value the google is still smaller.

 

Enterprise Value:

AAPL: $430B

XOM: $403B

GOOG: $343B

Fri, 02/07/2014 - 15:11 | Link to Comment Rising Sun
Rising Sun's picture

If that fucking cunt Yellen would stop using the FED to buy stock and drive markets higher, Google, a $40B revenue company wouldn't have a market cap of $400B.

 

Fuck you Janet Rottenbox!!!!

Fri, 02/07/2014 - 15:11 | Link to Comment financialrealist
financialrealist's picture

makes complete sense...one sells air, the other the lifeblood the planet.

 

Fri, 02/07/2014 - 15:24 | Link to Comment CPL
CPL's picture

It's 2pm Feb 7th 2014 and volume is in the shitter@ 49.41M.

Feb 6, 2014 15,443.83 15,632.09 15,443.00 15,628.53 106,979,691 Feb 5, 2014 15,443.00 15,478.21 15,340.69 15,440.23 105,125,894 Feb 4, 2014 15,372.93 15,481.85 15,356.62 15,445.24 124,106,548 Feb 3, 2014 15,697.69 15,708.54 15,356.17 15,372.80 151,048,696

versus 2006

Feb 7, 2006 10,796.42 10,822.76 10,737.67 10,749.76 351,880,147 Feb 6, 2006 10,793.30 10,814.51 10,770.97 10,798.27 263,194,061 Feb 3, 2006 10,849.57 10,863.58 10,779.06 10,793.62 346,599,531

What can be determined by the volume? 

If it isn't apparent yet, the entire market is now a litmus test of intention because there are now so few in the market.  It is a proper method to developing a list of root cause problems to a large manipulated system that no longer serves any purpose except to the handful of greedy and blind idiot sticks that put their hand in the pot. 

Why are they blind?  The idiot-sticks didn't notice they are the only people left and everyone can see what they are doing. 

Because that's what happens when you absentmindedly obliterate all the people investing long term and day traders.  As of this moment the 'duck blind' of hiding behind investors and day traders is gone.  Everyone now knows Who is the root problem.  The 'how' as a process has already been determined. 

GLTA...some of you are really need it.  HAHAHAHAHAHAHAHAHAHAHAHA!

Fri, 02/07/2014 - 15:28 | Link to Comment nakki
nakki's picture

I just want to know how all these companies that make nothing but $$ from advertising will make all their $$ when the companies that advertise on their sites stop making $$.

Fri, 02/07/2014 - 15:34 | Link to Comment stock trout
stock trout's picture

Speaking of trinkets and ads, I just come to ZH for the Snorg tee ads. Seems to be a good business model.

Fri, 02/07/2014 - 16:07 | Link to Comment kchrisc
kchrisc's picture

Bigger than Exxon?! I wonder how many wars were going to fight in the name of "big search?!

Sat, 02/08/2014 - 02:11 | Link to Comment David Wooten
David Wooten's picture

Don't understand people who buy a stock just because they like the company's product.  I own a BlackBerry Z10 but I certainly wouldn't buy the stock.

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