Largest Companies by Market Cap - Complete Rankings
Sandisk Corporation (SNDK) fell 41 ranks, from rank 37 to rank 78. Marvell Technology Inc (MRVL) fell 37 ranks to rank 91 from rank 54. KLA Corporation (KLAC) fell 30 ranks to rank 60 from rank 30. Qualcomm, Inc. (QCOM) fell 27 ranks to rank 102 from rank 75.
Manufacturing had 10 companies moving down, including Western Digital Corp. (WDC), Arm Holdings plc. (ARM), Seagate Technology Holdings Plc (STX), Lam Research Corp. (LRCX), Deere & Co. (DE), Astrazeneca plc (AZN) and Analog Devices Inc. (ADI). The same sector had 4 climbers: Thermo Fisher Scientific Inc. (TMO), Abbott Laboratories (ABT), Chevron Corp. (CVX) and RTX Corp (RTX). Information had 3 climbers: Alibaba Group Holding Ltd (BABA), Sap SE (SAP) and Verizon Communications Inc (VZ). BABA climbed 15 ranks to rank 44 from rank 59, while SAP climbed 17 ranks to rank 66 from rank 83.
At the top, Broadcom Inc (AVGO) overtook Space Exploration Technologies Corp. (SPCX), while Meta Platforms Inc. (META) overtook Tesla Inc (TSLA).
Berkshire Hathaway Inc. (BRK.B) entered the ranking at rank 12. SK hynix Inc. American (SKHY) entered at rank 14. Corning Incorporated (GLW), Coca-Cola FEMSA, S.A.B DE C.V (KOF), Applovin Corporation (APP) and Shopify Inc. (SHOP) left at the universe boundary. Cisco Systems, Inc. (CSCO) and Abbvie Inc (ABBV) are each 2 places below their previous ranks because BRK.B and SKHY entered above them. The live board is compared with a rebuilt month-end snapshot from
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.
Weekly Market Cap Analysis
Top gainers this week: Palantir Technologies Inc (PLTR) +31.7%, Sandisk Corporation (SNDK) +30.3%, Microsoft Corporation (MSFT) +25.3%. Notable declines: Novo Nordisk (NVO) -13.1%, Astrazeneca plc (AZN) -9.8%, Apple Inc (AAPL) -9.0%. Among trillion-dollar giants, Microsoft Corporation gained 25.3% this week.
Companies with Valuation Above $1 Trillion
Achieving a market capitalization exceeding $1 trillion serves as a defining milestone in the world of business and finance. This achievement places a company in an elite circle of industry behemoths that wield significant power, not only within their respective sectors but also on a global scale. These trillion-dollar enterprises play a critical role in shaping global economic landscapes, advancing technological innovation, and influencing consumer behavior.
Characteristics of Trillion-Dollar Companies:
- Global Footprint: Companies in the trillion-dollar market cap club typically possess an expansive international presence. Their business operations and revenue streams are diversified, often spread across various continents and industries. Such a broad reach allows them to mitigate regional economic risks and capitalize on global growth opportunities.
- Innovation Leaders: Unceasing innovation is a hallmark feature of trillion-dollar companies. They consistently lead in research and development endeavors, often setting the pace for technological breakthroughs and industry standards. Their commitment to innovation not only ensures long-term sustainability but also contributes to a competitive edge in ever-evolving markets.
- Consumer Impact: The products and services provided by these companies often permeate every aspect of our daily lives. Whether it's the smartphone you use, the cloud services storing your data, or the online platform where you shop, the chances are high that a trillion-dollar company has a role in it.
- Market Stability: With their expansive asset portfolios, robust financials, and diversified revenue streams, these companies are often viewed as secure investments. They provide a degree of market stability, acting as a kind of financial bulwark. However, it's essential to note that even these industry leaders are not wholly insulated from market volatility or economic downturns.
Significance in the Financial Markets:
The influence of trillion-dollar companies extends far beyond their industry borders. They hold a disproportionate impact on major stock market indices like the S&P 500, Dow Jones, and NASDAQ. The performance of these companies can shift the financial markets considerably, affecting investor sentiment, portfolio values, and even macroeconomic indicators.
List of Companies with a market cap above a trillion dollars:
Below is a list of some of the companies that have reached or surpassed the coveted $1 trillion market cap:
- NVIDIA Corp (NVDA)
- Alphabet Inc (GOOGL)
- Apple Inc (AAPL)
- Microsoft Corporation (MSFT)
- Amazon.com Inc. (AMZN)
- Taiwan Semiconductor Manufacturing (TSM)
- Broadcom Inc (AVGO)
- Space Exploration Technologies Corp. (SPCX)
- Meta Platforms Inc (META)
- Tesla Inc (TSLA)
- Berkshire Hathaway Inc. (BRK.B)
- SK hynix Inc. American (SKHY)
- Micron Technology Inc. (MU)
Plan Your Investment
Model how an investment in any of these companies could grow over time with our Investment Growth Calculator. For a detailed look at what a past investment would be worth today, try the Stock Return Calculator.