One of the defining traits of great companies is their ability to expand into new markets and redefine industries. Companies like Google (Alphabet), Amazon, and Microsoft exemplify this through relentless innovation and strategic diversification. These are not just businesses; they are growth machines that reshape how we live, work, and interact with the world. For investors, owning such companies offers exposure to industries that are evolving at lightning speed, making them essential holdings for a long-term portfolio.

Take Google’s Waymo, for example. Recently, Waymo announced plans to train its self-driving taxis on Miami streets in 2025, aiming to roll out commercial services by 2026. This bold move into autonomous vehicles isn’t just about transportation; it’s about transforming urban mobility. The ripple effects are already visible. Shares of ride-hailing giants Uber and Lyft have taken a hit as investors weigh the potential disruption posed by driverless taxis. Waymo’s innovation underscores Alphabet’s ability to leverage technology and redefine industries beyond its core search business.

Amazon, too, is pushing boundaries with its latest announcement of Nova, a cutting-edge AI assistant designed to revolutionize the way people interact with its devices and services. Nova promises to bring a new level of personalization and intelligence to Amazon’s ecosystem, strengthening its dominance in the AI and smart home markets. Paired with Amazon’s continued success in cloud computing through AWS and its leadership in e-commerce, this announcement demonstrates the company’s ability to innovate across multiple industries simultaneously.

Similarly, Microsoft continues to thrive with its Azure cloud platform, AI advancements, and integration of cutting-edge technologies across productivity tools. Its ongoing investments in AI and cloud services position it as a leader in both enterprise and consumer technology markets.

For investors, the lesson is clear: owning companies with a proven ability to expand and innovate can safeguard and grow wealth in a rapidly changing economy. Google, Amazon, and Microsoft are more than just great companies—they are engines of growth with the potential to define the future. Their capacity to disrupt industries and unlock new opportunities makes them essential pillars of your portfolio.