What is the market capitalization of a company?
Market capitalization, sometimes referred to as “Marketcap”, is the value of a publicly traded company. In most cases, it can be easily calculated by multiplying the stock price by the number of shares outstanding.
Although technology companies They seem to dominate the top of the ranking securities, there are other sectors represented, such as oil, insurance, medical companies and luxury brands.
What is the largest company in the world by market capitalization? Is ManzanaOf course, the company has dominated the tech world for decades.
Top 10 companies in the world by market capitalization as of January 5, 2024
1 – Apple
Apple Inc. is an American hardware and software developer, as well as a technology company. The apple firm also manages internet sales portals for music, movies and software.
Market capitalization: US$2.87 billion.
Income: US$383.3 billion
2 – Microsoft
Microsoft is an American company that develops and distributes software and services such as a search engine (Bing), cloud solutions, and the Windows computer operating system.
Market capitalization: US$2.77 trillion.
Income: US$218.3 billion.
3 – Saudi Aramco
Saudi Aramco is Saudi Arabia’s national oil and natural gas company. As of 2020, it is the largest oil company in the world and has the second largest proven reserves of crude oil in the world.
Market capitalization: US$2.13 trillion.
Income: US$502.4 billion.
4 – Alphabet (Google)
Alphabet Inc. is a listed American parent company of the former Google, which continues to exist as a subsidiary. The headquarters are located in Mountain View, in Silicon Valley.
Market capitalization: US$1.74 trillion.
Income: US$291.1 billion.
5 – Amazon
Amazon.com, Inc. is an American online retailer with a wide range of products. According to its own information, Amazon, as the market leader in online commerce, has the world’s largest selection of books, CDs and videos.
Market capitalization: US$2.13 trillion.
Income: US$502.4 billion.
6 – Nvidia
Nvidia Corporation is one of the largest developers of graphics processors and chipsets for personal computers and game consoles. The headquarters are located in Santa Clara, California.
Market capitalization: US$1.22 trillion.
Income: US$44.9 billion.
7 – Meta Platforms (Facebook)
As of January 2024, Meta Platforms ranks as the seventh most valuable company in the world by market capitalization.
Market capitalization: US$886.2 billion
Income: US$126.9 billion.
8 – Berkshire Hathaway
Berkshire Hathaway Inc. is an American holding company whose conglomerate includes more than 80 firms with activities spanning a wide range of business areas, including insurance, rail freight transportation, energy supply, financial services, manufacturing, and wholesale and retail trade. retail. The president is the major American investor and billionaire Warren Buffett.
Market capitalization: US$801.4 billion.
Income:US$401.8 billion.
9 – Tesla
Tesla, Inc. is an American company that manufactures and sells electric cars, as well as photovoltaic and energy storage systems. Its goal is to “accelerate the transition to sustainable energy.” The company name is based on the physicist and inventor Nikola Tesla.
Market capitalization: US$755.1 billion.
Income: US$95.9 billion.
10 – Eli Lilly
With more than 33,000 employees worldwide, manufacturing facilities in 13 countries and annual sales of more than $22 billion worldwide, Eli Lilly and Company is one of the world’s largest pharmaceutical companies. It was founded in Indianapolis, United States in 1876 by the pharmacologist, officer and businessman Eli Lilly.
Market capitalization: US$588 billion.
Income: US$32.1 billion.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
