Preponderant companies listed on Wall Street American and world flag companies are among those with the best financial structure, a fact that is key to understanding the size of a firm and evaluating the risk of investing in its shares.
What is a company’s market capitalization?
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.
While technology companies They seem to dominate the top of the rankings of values, there are other sectors represented, such as the oil, insurance, medical companies and luxury brands.
What is the largest company in the world by market capitalization? Is AppleOf course, the company has dominated the tech world for decades.
Top 10 companies in the world by market capitalization as of August 26, 2024
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 company also operates online sales portals for music, movies, and software.
Market capitalization: US$ 3.44 billion.
2 –Nvidia
Nvidia Corporation is one of the largest developers of graphics processors and chipsets for personal computers and game consoles. Its headquarters are located in Santa Clara, California.
Market capitalization: US$ 3.13 billion.
3- Microsoft (MSFT)
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$3.07 billion.
4 – Alphabet (Google)
Alphabet Inc. is an American publicly traded parent company of the former Google, which continues to exist as a subsidiary. Its headquarters are in Mountain View, Silicon Valley.
Market capitalization: US$1.71 trillion.
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$1.84 billion.
6- Saudi Aramco
Saudi Aramco is the national oil and natural gas company of Saudi Arabia. As of 2020, it is the world’s largest oil company and holds the world’s second-largest proven crude oil reserves.
Market capitalization: US$1,802 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$1,321 billion
8 – Berkshire Hathaway
Berkshire Hathaway Inc. is an American publicly traded corporation whose holding company includes more than 80 firms with activities spanning a wide range of business areas, including insurance, freight rail transportation, energy supply, financial services, manufacturing, and wholesale and retail trade. The chairman is a prominent American investor and billionaire Warren Buffett.
Market capitalization: US$983.62 billion
9 – TSMC (TSM)
As of August 2024, TSMC has a market capitalization of $878.49 billion. This makes TSMC the 9th most valuable company in the world according to our data. Market capitalization, commonly referred to as market cap, is the total value of a publicly traded company’s outstanding shares and is commonly used to measure how much a company is worth.
Market capitalization: US$ 878.49 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, USA in 1876 by pharmacologist, politician and entrepreneur Eli Lilly.
Market capitalization: US$858.98 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.
