Largest Companies by Market Cap - Complete Rankings
Sandisk Corporation (SNDK) was the sharpest faller, dropping 38 places to rank 75 from rank 37. KLA Corporation (KLAC), Marvell Technology Inc (MRVL) and Western Digital Corp. (WDC) were the next-largest fallers, each dropping 28 places. Qualcomm, Inc. (QCOM) fell 24 places to rank 99 from rank 75, while Arm Holdings plc. (ARM) fell 21 places to rank 53 from rank 32.
Manufacturing had a 9-company declining cluster, including Deere & Co. (DE), Seagate Technology Holdings Plc (STX), Astrazeneca plc (AZN) and Lam Research Corp. (LRCX) alongside KLAC, MRVL, WDC, QCOM and ARM. Information had a 4-company climbing cluster: Sap SE (SAP), Palantir Technologies Inc (PLTR), Alibaba Group Holding Ltd (BABA) and Shopify Inc (SHOP) all climbed. SAP climbed 19 places to rank 64 from rank 83. Manufacturing also had a 3-company climbing cluster, with RTX Corp (RTX), Thermo Fisher Scientific Inc. (TMO) and Boeing Co. (BA) all gaining ground.
The live board is compared with a rebuilt month-end snapshot from
Apple Inc. (AAPL) and Alphabet Inc (GOOGL) switched places in the top 10. AAPL moved up 1 place to No. 2. Meta Platforms Inc (META), Broadcom Inc (AVGO), Space Exploration Technologies Corp. (SPCX) and Tesla Inc (TSLA) were involved in the other top-10 changes. The revised order put AVGO ahead of SPCX and META ahead of both SPCX and TSLA. At the lower boundary, Corning Incorporated (GLW), Coca-Cola FEMSA, S.A.B DE C.V (KOF), Applovin Corporation (APP), Gilead Sciences Inc (GILD) and Sumitomo Mitsui Financial Group, Inc American (SMFG) fell outside the current ranking; each departure reflects the universe boundary.
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.
