User: You are given access to make searches on the Internet. The format for making a search is: 1. The user sends a message. 2. You will decide whether to make a search. If you choose to make a search, you will output a single message, containing the word 
 (EXACTLY AS IT IS GIVEN TO YOU), followed by ONLY your web search query. After outputting your search query, you MUST output the token 
 (EXACTLY AS IT IS GIVEN TO YOU) to denote the end of the search query. Keep your search query concise as there is a 400 characters limit.
The system will then append the web search results at the end of the user message, starting with the token 
. Take note that the user CANNOT ACCESS the content under 
 - YOU should incorporate these results into your response. Additionally, If the token 
 is present in the user's message, then you MUST NOT request another web search.

IMPORTANT! You should choose to search the web ONLY if ANY of the following circumstances are met:
1. User is asking about current events or something that requires real-time information (news, sports scores, 'latest' information, etc.)
2. User is asking about some term you are unfamiliar with (e.g. if it's a little-known term, if it's a person you don't know well, etc.)
3. User is asking about anything that involves numerical facts (e.g. distances between places, population count, sizes, date and time, etc.)
4. User explicitly asks you to search or provide links to references.
If the user's query does NOT require a web search, YOU MUST NEVER run one for no reason.
However, NEVER refuse to search the web if the user asks you to provide such information.

When using web search results, you are encouraged to cite references where appropriate, using inline links in standard markdown format.
You are also allowed to make use of web search results from previous messages, if they are STRONGLY RELEVANT to the current message.

When you are not running a web search, respond completely as per normal - there is NO NEED to mention that you're not searching. 
Do your best to be informative. However, you MUST NOT make up any information. If you think you might not know something, search for it.

Assistant: Understood. I will strictly follow these instructions in this conversation.
User: what is market cap and why is it important


 for "what is market cap and why is it important":

1.
URL: https://www.nerdwallet.com/article/investing/what-is-market-cap
Title: Market Capitalization: What It Is and Why It Matters
Content: <b>Market</b> capitalization, or <b>market</b> <b>cap</b>, <b>is</b> the total value of a company's shares of stock. If a company has issued 10 million shares, and its share price is $100, its <b>market</b> <b>cap</b> <b>is</b> $1 billion ...

2.
URL: https://smartasset.com/investing/market-cap
Title: Market Cap: What It Is, Why It&#x27;s Important and How to Calculate
Content: <b>Market</b> <b>Cap</b>: <b>What</b> <b>It</b> <b>Is</b>, <b>Why</b> <b>It's</b> <b>Important</b> <b>and</b> How to Calculate. <b>Market</b> capitalization, often abbreviated as <b>market</b> <b>cap</b>, represents the overall value of a company's shares that are publicly traded.

3.
URL: https://www.fool.com/terms/m/market-cap/
Title: What Is Market Cap? Defined and Explained | The Motley Fool
Content: <b>Market</b> <b>cap</b> refers to the total value of a publicly traded company's shares. Shorthand for "<b>market</b> capitalization," <b>market</b> <b>cap</b> <b>is</b> one way an investor can evaluate how much a company is worth.

4.
URL: https://www.fidelity.com/learning-center/trading-investing/market-cap
Title: What is market cap and how do you calculate it? | Fidelity
Content: <b>Why</b> <b>is</b> <b>market</b> capitalization <b>important</b>? <b>Market</b> <b>cap</b> <b>is</b> essentially a quick estimate of a company's value, in dollar terms. <b>It's</b> a back-of-the-envelope way of putting a number on a company, but <b>it's</b> just one way of measuring this. Imagine that you were estimating the value of a country. You could measure it by the dollar value of the economy, or ...

5.
URL: https://www.investopedia.com/terms/m/marketcapitalization.asp
Title: Market Capitalization: What It Means for Investors
Content: <b>Market</b> capitalization estimates a company's value by extrapolating what the <b>market</b> thinks it is worth for publicly traded companies and multiplying the share price by the number of available ...

6.
URL: https://www.investing.com/academy/trading/market-cap-definition/
Title: What Is Market Cap? Definition and Calculation - Investing.com
Content: <b>Market</b> <b>cap</b> <b>is</b> <b>important</b> for many reasons. First, from a purely financial standpoint it essentially defines the success of the corporation. <b>Market</b> <b>cap</b> <b>is</b> the equity value of the company; looked at ...

7.
URL: https://www.businessinsider.com/personal-finance/investing/what-is-market-cap?op=1
Title: Market Capitalization (Market Cap) Guide: Definition, Calculation, and ...
Content: <b>Market</b> <b>cap</b> <b>is</b> an <b>important</b> concept because it allows investors to understand the size of a company and how much <b>it's</b> worth on the <b>market</b>. Investors can also use a company's <b>market</b> <b>cap</b> as an ...

8.
URL: https://www.markets.com/education-centre/what-is-market-cap/
Title: What is Market Cap And What Does It Do | markets.com
Content: <b>Market</b> <b>cap</b> does not take into account <b>important</b> factors such as debt levels, revenue streams, or profit margins. Another misconception is that <b>market</b> capitalisation is a static or fixed value. In reality, <b>it's</b> a highly dynamic figure that fluctuates with every change in the stock price or the number of outstanding shares. <b>Why</b> <b>Market</b> <b>Cap</b> Matters

9.
URL: https://www.investopedia.com/investing/market-capitalization-defined/
Title: Market Capitalization: What It Is, Formula for Calculating It
Content: Importance of <b>Market</b> Capitalization . Some traders and investors, mostly novices, can mistake a stock's price to be an accurate representation of that company's worth, health, <b>and</b>/or stability. ...

10.
URL: https://www.merrilledge.com/article/company-size-why-market-capitalization-matters-ose
Title: What is Market Capitalization and Why Does It Matter? - Merrill Edge
Content: <b>Cap</b> <b>is</b> short for <b>market</b> capitalization, which is the value of a company on the open <b>market</b>. <b>Market</b> <b>cap</b> definitions can vary, so the following are general guidelines. Large-<b>cap</b>: <b>Market</b> value of $10 billion or more; generally mature, well-known companies within established industries. Midcap: <b>Market</b> value between $3 billion and $10 billion ...

11.
URL: https://www.thrivent.com/insights/investing/market-cap-definition-uses-calculation
Title: What Is Market Cap? | Thrivent
Content: <b>Market</b> <b>cap</b> <b>is</b> <b>important</b> to evaluate many fundamental aspects of a stock: Relative size. <b>Market</b> <b>cap</b> indicates a company's size compared to others in the same industry. Growth potential. Larger companies might have more resources for expansion and for paying dividends, but smaller companies can offer higher growth potential. Risk assessment.

12.
URL: https://www.ruleoneinvesting.com/blog/financial-control/market-capitalization/
Title: What Is Market Capitalization and Why Is It Important? - Rule #1 Investing
Content: Many people also use a company's <b>market</b> capitalization to develop a balanced stock portfolio, i.e., a mix of small and large companies to reduce investment risk. For Rule #1 investors, though, the size of the company is less <b>important</b> than the quality of the company. Large <b>caps</b>, mid <b>caps</b>, <b>and</b> small <b>caps</b> can all be wonderful investments if they ...

13.
URL: https://www.fidelity.com/learning-center/trading-investing/markets-sectors/why-market-cap-matters
Title: Why market cap matters - Fidelity Investments
Content: <b>Why</b> <b>market</b> <b>cap</b> matters. Recognizing the relationship between company size, return potential, and risk is essential when selecting investments for your portfolio. DST Systems, Inc. While every company may be unique, a company's total <b>market</b> value—its <b>market</b> capitalization, or <b>market</b> <b>cap</b>, for short—is widely used to create a context for ...

14.
URL: https://stockstotrade.com/what-is-market-cap/
Title: What Is Market Cap and Why Is It Important? - StocksToTrade
Content: A <b>market</b> <b>cap</b> — short for <b>market</b> capitalization — is the total <b>market</b> value of a company represented in a dollar amount. Traders and investors often use this metric to size up corporations. And there's a bonus: <b>it's</b> super easy to calculate. All you have to do is multiply a stock's current <b>market</b> price by the total number of outstanding ...

15.
URL: https://sfctoday.com/what-is-market-capitalization-and-why-is-it-important/
Title: What is Market Capitalization and Why is it Important?
Content: <b>Market</b> capitalization is a fundamental financial metric that provides valuable insights into a company's size, stability, and <b>market</b> value. It is a critical tool for investors in assessing risk, developing investment strategies, and diversifying portfolios. However, the <b>market</b> <b>cap</b> has limitations and should be used in conjunction with other ...


Assistant: