Largest Companies by Market Cap - Complete Rankings
The sharpest change was Sandisk Corporation (SNDK), which fell 50 places to rank 87 from rank 37. KLA Corporation (KLAC) fell 28 places to rank 58. Marvell Technology Inc (MRVL) also fell 28 places, to rank 82. Qualcomm, Inc. (QCOM) fell 22 places to rank 97.
At the other end, Sap SE (SAP) climbed 20 places to rank 63. Shopify Inc (SHOP) climbed 19 places to rank 81. Palantir Technologies Inc (PLTR) climbed 14 places to rank 35, while Alibaba Group Holding Ltd (BABA) climbed 13 places to rank 46.
Information had 5 climbers: SAP, SHOP, PLTR, BABA and Verizon Communications Inc (VZ). Manufacturing had 3 climbers—RTX Corp (RTX), Thermo Fisher Scientific Inc. (TMO) and Abbott Laboratories (ABT)—and 8 fallers, including KLAC, MRVL and QCOM.
Berkshire Hathaway Inc. (BRK.B) debuted at rank 12. SK hynix Inc. American (SKHY) debuted at rank 15. Western Digital Corp. (WDC), Corning Incorporated (GLW), Coca-Cola FEMSA, S.A.B DE C.V (KOF) and Applovin Corporation (APP) left at the universe boundary.
In the top 10, Apple Inc. (AAPL) overtook Alphabet Inc (GOOGL). Broadcom Inc (AVGO) overtook Space Exploration Technologies Corp. (SPCX), while Meta Platforms Inc (META) overtook Tesla Inc (TSLA). The live ranking is compared with a reconstructed month-end snapshot dated
Compares today's ranking with the close of the previous month, so positions move with live prices rather than describing a completed month.
As you go through our list, you might find familiar names, but you'll likely discover companies you've never heard of, standing shoulder-to-shoulder with industry titans. That's the fascinating aspect of delving into these rankings—finding the unsung heroes and hidden gems of the business world.
Whether you're an investor, a business analyst, or someone simply fascinated by the ever-changing landscape of corporate financial health, this list offers an illuminating perspective.
What is Market Capitalization?
Market capitalization, commonly referred to as market cap, is the total market value of a publicly traded company's outstanding shares of stock. It is calculated by multiplying the company's share price by its total number of outstanding shares.
This key indicator provides a snapshot of a company's current financial standing, its comparative worth, its broader influence on the market and economy, also offering insights into its potential risks and rewards.
