Where Data Tells the Story
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A tiered breakdown of 6,738 listed firms reveals a striking imbalance in corporate scale. While just 105 companies sit atop the pyramid with market caps above $100B (think Apple, Microsoft, Alphabet), the base is overwhelmingly populated by smaller players:
Together, these bottom three tiers account for over 81% of all public companies — a reminder that the U.S. market is not just about giants, but a vast ecosystem of emerging and niche firms.
🔍 Takeaway: The public market is pyramid-shaped, not bell-curved. Most companies are small, but the few giants dominate headlines, capital flows, and investor attention.