Monday, June 19, 2023

The 10 Most Valuable Companies in the World by Market Cap

To wrap us this holiday weekend, let's have a little fun. Let's have a look at the biggest, most wealthy companies in the world with a peek at just how big and how wealthy they really are.  Have a great week.  


JUNE 16, 2023

U.S. News Invested

 

 

 

Happy Friday, investors! Stocks rise as the Fed rate-hiking pause gives markets breathing room, and Cava soars out of the gate.


The 10 Most Valuable Companies in the World by Market Cap

Apple Inc. (ticker: AAPL) continues to hold the world's attention as the most valuable company in the world, having taken the top spot in 2011 and kept at or near the top for most of that time. Apple was the first company to reach a market capitalization of $1 trillion in 2018. Now, it leads a grouping of six additional companies that have eased into a trillion-dollar-plus valuation.


Each of these companies have had to overcome a slew of global obstacles, including continued pandemic recovery, worker needs and demands, supply chain challenges and the economic complications from the 
Russian-Ukraine conflict, while taking advantage of the quickening pace of technology, especially in the artificial intelligence realm. Additionally, they are facing pressure for climate sustainability and social credentials to satisfy a broader range of global needs and individual perspectives.

Let's count down the 10 most valuable companies in the world for 2023 by market capitalization:

10. Taiwan Semiconductor Manufacturing Co. Ltd. (
TSM). One of only two international corporations on the top 10 list, Taiwan Semiconductor Manufacturing is Taiwan's most valuable company and is headquartered in Hsinchu, Taiwan. With its status as the world's most valuable semiconductor company, it works with many key global firms, including Apple and Nvidia on this list. Its goods allow consumers to utilize electronics, automotive, communication and computing applications.

9. Meta Platforms Inc. (
META). Originally known as Facebook Inc. and TheFacebook Inc., Facebook began in 2004 at Harvard University in Cambridge, Massachusetts, with Mark Zuckerberg and four fellow students. Meta Platforms was the culmination of a complete corporate rebrand in 2021. Meta derives an overwhelming majority of its revenue (97.5%) from advertisements on its multiple platforms: Facebook, Instagram, Messenger and WhatsApp.

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COMPANY/MARKET CAPITALIZATION (AS OF JUNE 14)

Apple Inc. (AAPL)                                                 $2.89 trillion

Microsoft Corp. (MSFT)                                       $2.51 trillion

Saudi Arabian Oil Co. (2222.SR)                           $2.18 trillion

Alphabet Inc. (GOOGGOOGL)                             $1.57 trillion

Amazon.com Inc. (AMZN)                                   $1.3 trillion

Nvidia Corp. (NVDA)                                            $1.06 trillion

Tesla Inc. (TSLA)                                                 $813.9 billion

Berkshire Hathaway Inc. (BRK.ABRK.B)              $734.4 billion

Meta Platforms Inc. (META)                                $700.52 billion

Taiwan Semiconductor Manufacturing (TSM)     $554.75 billion

 


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