The ranking of the 10 companies with the highest market capitalization in the world, updated as of April 2024, is dominated by US technology companies, thanks to their constant innovation in the field of AI.
This dominance highlights the challenge that Asian giants, especially Chinese ones, must face to compete on a global scale in an era characterized by accelerated digitalization of the economy.
Among the top positions in the ranking, there is a notable exception: Saudi Aramco, the titanic Saudi oil company, ranks fifth, demonstrating the persistent influence of traditional sectors in the global economic arena.
With a market capitalization of $1.942 trillion, Saudi Aramco holds a significant position in the top 10.
Market capitalization is a key factor used by investors to evaluate the overall value of a company.
Companies with the highest market capitalization often represent the most stable and influential entities in the global market.
Their position in the ranking reflects their strength and importance.
If you want to learn more about the global market leaders, continue reading to discover the companies at the top of the list in 2024.
Leading the ranking of the 10 companies with the highest market capitalization in the world is Microsoft, followed by Apple and Nvidia, which has significantly climbed the ranks.
From the fourth to the seventh position, the companies are valued between one and two trillion, while those below the eighth spot range between 600 and 900 billion.
Tesla has exited the ranking, with a market capitalization of $542.73 billion.
| Rank | Company | Market Cap | Stock Price | Country |
|---|---|---|---|---|
| 1 | Microsoft | $2.965 trillion | $399.04 | USA |
| 2 | Apple | $2.623 trillion | $169.89 | USA |
| 3 | NVIDIA | $2.065 trillion | $826.32 | USA |
| 4 | Alphabet (Google) | $1.950 trillion | $157.95 | USA |
| 5 | Saudi Aramco | $1.942 trillion | $8.03 | Saudi Arabia |
| 6 | Amazon | $1.806 trillion | $173.67 | USA |
| 7 | Meta (Facebook) | $1.119 trillion | $441.38 | USA |
| 8 | Berkshire Hathaway | $875.55 billion | $404.91 | USA |
| 9 | TSMC | $708.44 billion | $136.58 | Taiwan |
| 10 | Eli Lilly | $689.18 billion | $724.87 | USA |
Updated as of April 26, 2024.
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