Page 23 - Fortune-November 01, 2018

TECH IN VERTEX PHARMACEUTICALS LIVE NATION ENTERTAINMENT MICROCHIP TECHNOLOGY
THE XPO LOGISTICS MONSTER BEVERAGE BOOKING HOLDINGS
DRIVER’S OVERALL WORKDAY SERVICENOW NETFLIX SALESFORCE NVIDIA ADOBE RED HAT PAYPAL AMAZON.COM ALPHABET ILLUMINA FORTIVE INTUIT TESLA FACEBOOK
SEAT IN RANK
THE U.S.

THE MAJORITY OF U.S.
companies on this list #1 #10 #20 #30 #40 #50
fall in the technology
category. That group STRUCTURAL
is broad enough to
include software in-
novators (Workday,
Intuit), a travel special-
ist (Booking Holdings),
and a mass entertainer
(Netflix). But their high
scores reflect a shared
strength: a deep com-
mitment to research. PEOPLE
(See the Technology
and Investments line.)

15 TECH AND
INVEST-
MENTS
BAIDU
CHINA (BIDU, $194)

3.8
2.3 1.5

STRATEGY
RUMORS THAT Google plans to
reenter China don’t seem to
have disrupted China’s para-
mount search engine. Baidu
has flourished in Google’s
eight-year absence, gaining in-
valuable expertise in navigat-
ing China’s heavily politicized
cyberspace. It has also boosted
ad sales with help from non- POTENTIAL
search products, like its video
and news feed services. Rev-
enue from ads grew 25% year
over year in the second quarter,
bringing in $3.18 billion. And
Baidu aims to become a leader
in autonomous driving and A.I.,
building on its background in
intelligent-algorithm design. SECTOR
Market value: $68.0 billion
TECHNOLOGY HEALTH TRANSPORTATION MEDIA INDUSTRIALS FOOD &
CARE BEVERAGES

73
FO R T U N E. CO M // N O V. 1 . 1 8