5 Biggest California Companies and Stocks

4. Meta Platforms, Inc. (NASDAQ:META)

Total revenue (in billions): $117.9

Market cap as at 6th Jan 2023 (in billions): $337.4

Meta Platforms, Inc. (NASDAQ:META) might not be among the biggest companies in the world anymore, it is still among the most influential companies considering that it owns social media platforms such as Facebook and Instagram. Even in a year which has been devastating to tech stocks, Meta Platforms, Inc. (NASDAQ:META) has performed exceptionally badly, losing more than 60% in value in the last year. A lot of this is because of the initial failure of the metaverse which is what Meta Platforms, Inc. (NASDAQ:META) has pivoted towards.