Sep 26, 2023, 05:06 PM IST
Market capitalisation, often referred to as "market cap," is the total value of a company's shares of stock. It is calculated by multiplying the number of shares outstanding by the current price of a single share.
Known for its iconic products like the iPhone and MacBook, American Big Tech firm Apple continues to dominate the market with a staggering market capitalisation of $2.728 trillion in 2023.
Microsoft remains a tech giant, with a market cap of $2.344 trillion. The US company has a diverse portfolio, including Windows operating system and Office 365 productivity suite.
Saudi Arabian energy behemoth boasts a market cap of $2.241 trillion. It is a crucial player in the global oil and gas industry
Google's parent company, Alphabet, holds a market cap of $1.640 trillion. Google's search engine dominance, coupled with its investments in emerging technologies, keeps it among the top companies worldwide.
American e-commerce giant Amazon maintains a market cap of $1.339 trillion. Its vast online marketplace and innovative ventures like Amazon Web Services (AWS) contribute to its immense value.
Known for its high-performance graphics processing units (GPUs), Nvidia's market cap stands at $1.028 trillion. The American company plays a pivotal role in the gaming, AI, and data centre industries.
Led by legendary US investor Warren Buffett, Berkshire Hathaway has a market cap of $803.41 billion. It owns a diverse range of businesses, including insurance, utilities, and consumer brands.
HSBC, a global banking and financial services institution, holds a market cap of $778.66 billion. The British giant operates in numerous countries, providing a wide range of financial products and services.
American Electric vehicle pioneer Tesla has a market cap of $775.43 billion. Its innovative approach to sustainable transportation has propelled it into the upper echelons of the automotive industry.
Formerly known as Facebook, Meta Platforms from the US maintains a market cap of $765.28 billion. Meta continues to shape the digital landscape with platforms like Facebook, WhatsApp, Instagram, and Oculus.