The 100 most valuable companies
USA dominates the stock exchanges – German companies outsiders
Nvidia, Apple, Microsoft: US companies set the sound on the stock exchanges. Only a few of the most valuable companies in the world come from Germany. A group makes it at Europe’s top.
Only three Germans are among the most valuable stock market groups in the world. According to a study by the consulting company EY, SAP, Siemens and Deutsche Telekom are the only German representatives in the list of top 100 dominated by US Tech Groups. However, German stocks experience an upward trend, while the US exchanges are weakening with Donald Trump’s unpredictable customs policy.
Nvidia before Apple: US corporations in its own league
The chip group Nvidia, which benefits from the boom around artificial intelligence (AI), is in place on the ranking. As of June 30th, he brought it to a stock market value of around 3.85 trillion dollars and thus replaced the iPhone manufacturer Apple, which ends up in third place. Microsoft is in second place.
The United States alone has 60 of the 100 most valuable stock market companies in the world. Among the top 10 are nine American, including the Google mother Alphabet, the Facebook group Meta and Amazon. Only the Saudi Aramco oil company in 7th place breaks through the series of US companies.
Unsurprisingly, the six most valuable companies are strongly committed to AI, says Henrik Ahlers, CEO of EY. Even if the stock exchange euphoria recently died off: “Artificial intelligence will also have a further increasing importance in many industries in the coming years.”
SAP most valuable company in Europe
The most valuable DAX group also benefits from the enthusiasm for AI: SAP climbs to 27th place in the ranking with a stock market value of almost $ 354 billion at the end of June (around EUR 300 billion). For the first time since the 2007 study was imposed, the software company was a German company the most valuable in Europe. Siemens landed in 74th place, Deutsche Telekom in 88th place.
Due to Trump’s sudden policy, large investors have deducted billions of billions from the United States. In the first half of the year, Europe’s top companies increased more on the stock exchange than the Americans. And the German leading index Dax again cracked records.
With the Rally, Germany cuts a little better among the 300 most valuable stock market groups in the world – seven corporations made it into the extended top selection at the end of June, including Allianz (106), Siemens Energy (217) and Munich Rück (246). Rheinmetall climbs to 204 with the armor boom.
The crisis of the auto industry leaves traces. While Mercedes-Benz, Volkswagen, BMW and Porsche were all represented in the TOP 300 at the end of 2023, they recently noted in the ranks 381, 402, 405 and 484. The Chinese car company BYD, on the other hand, was already in place in 121.
dpa
Source: Stern
