Largest Companies by Market Cap - Complete Rankings
The live board is compared with the reconstructed
KLAC fell 28 places to rank 58 from rank 30. MRVL fell 23 places to rank 77 from rank 54. WDC fell 22 places to rank 84 from rank 62, while QCOM fell 21 places to rank 96 from rank 75.
Information had an upward cluster of 4 companies: Sap SE (SAP), Alibaba Group Holding Ltd (BABA), Palantir Technologies Inc (PLTR) and Verizon Communications Inc (VZ) all climbed. Manufacturing also had an upward cluster of 4: RTX Corp (RTX), Crowdstrike Holdings Inc (CRWD), Thermo Fisher Scientific Inc. (TMO) and Abbott Laboratories (ABT) all climbed. SAP rose 18 places to rank 65 from rank 83. BABA and PLTR each rose 14 places.
Three companies entered the live ranking: Berkshire Hathaway Inc. (BRK.B), SK hynix Inc. American (SKHY) and Quhuo Ltd (QH). BRK.B entered at rank 12. SKHY entered at rank 14. QH entered at rank 36. Five companies were absent because of the live universe boundary: Corning Incorporated (GLW), Coca-Cola FEMSA, S.A.B DE C.V (KOF), Applovin Corporation (APP), Sumitomo Mitsui Financial Group, Inc American (SMFG) and Shopify Inc. (SHOP). BRK.B, SKHY and QH caused several positional shifts below them; Toyota Motor Corporation (TM) was also affected by GLW's departure.
In the top 10, Broadcom Inc (AVGO) passed Space Exploration Technologies Corp. (SPCX). AVGO held rank 8, while SPCX is at rank 9. Meta Platforms Inc (META) passed Tesla Inc (TSLA). META held rank 10, while TSLA is at rank 11.
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.