Good morning,
It’s Fortune 500 week, so here’s some more data to feed into your Vision Pro (when it actually becomes available). There are 28 companies on our new list that weren’t there a year ago. Some of them are bounce-backs, like Marathon Oil (No. 464) and Sonoco Products (No. 498). Some are spin-offs, like Kyndryl (No. 225), which spun out of IBM, and VMware (No. 313), which spun out of Dell. And some are firms that just scrambled their way onto the list for the first time, like Airbnb (No. 450), Lululemon (No. 461) and ServiceNow (No. 499).
ServiceNow is a good proxy for what it takes to make the list these days, with revenues of $7.25 billion, just above the $7.238 billion cut-off. CEO Bill McDermott said his company’s growth will continue to be driven by exploding interest in A.I. Here’s what he told his team yesterday:
