The world stock exchanges are dominated by US technology groups more than ever. Eight of the ten most valuable companies in the world will be from the USA at the end of 2021.
The smartphone and software giant Apple, with a market value of 2.96 trillion dollars (2.6 trillion euros, as of December 27), is the first company ever to approach the three trillion mark. The Apple share has risen by 31 percent this year, according to calculations by the management consultancy EY and Reuters.
Benefited from the crisis
The crisis winners on the stock exchanges are the chip companies that are profiting from the bottlenecks and high prices: With the graphics chip developer Nvidia (774 billion dollars) and the contract manufacturer Taiwan Semiconductor Manufacturing Company TSMC (567 billion dollars), two of them are under in 2021 the ten most valuable companies in the world moved up.
The losers are the Chinese Internet companies Tencent and Alibaba, which fell out of the “Top Ten”. At Alibaba, the market value has halved. For the oil giant Saudi Aramco, number one in the rankings two years ago, things went from second to fourth. Its value has stagnated at $ 1.9 trillion since going public.
LVMH leads Europe
The software company SAP remains the most expensive German company with $ 166 billion in 2021, but falls back to 80th place (2020: 72nd). Siemens (137 billion) makes it again just under the “Top 100” after a year break. No companies from Austria are represented in the ranking.
The most valuable European company is now French luxury group LVMH ($ 414 billion) in 19th place, followed by Nestlé ($ 382 billion) in 23rd place.
Source: Nachrichten
