Largest Companies by Market Cap - Complete Rankings
Sandisk Corporation (SNDK) fell 43 places, from rank 37 to rank 80. Marvell Technology Inc (MRVL) fell 42 places, from rank 54 to rank 96, and KLA Corporation (KLAC) fell 30 places, from rank 30 to rank 60.
Manufacturing had a broad run of declines. Qualcomm, Inc. (QCOM), Arm Holdings plc. (ARM), Western Digital Corp. (WDC), Deere & Co. (DE), Lam Research Corp. (LRCX), Analog Devices Inc. (ADI) and Caterpillar Inc. (CAT) all fell. QCOM fell 25 places to rank 100.
Berkshire Hathaway Inc. (BRK.B) joined the ranking at rank 13. SK hynix Inc. American (SKHY) joined at rank 14.
At the top, Apple Inc (AAPL) moved to rank 1. It overtook NVIDIA Corp (NVDA) and Alphabet Inc (GOOGL). Broadcom Inc (AVGO) passed Space Exploration Technologies Corp. (SPCX), while Meta Platforms Inc (META) passed Tesla Inc (TSLA) in the top 10.
Information also had a group of gains: SAP, BABA and Verizon Communications Inc (VZ) all rose, while Thermo Fisher Scientific Inc. (TMO) and Chevron Corp. (CVX) also climbed. SAP reached rank 71 after a 12-place gain. TMO reached rank 68 after rising 10 places.
Corning Incorporated (GLW), Coca-Cola FEMSA, S.A.B DE C.V (KOF), Applovin Corporation (APP) and Eaton Corporation, plc (ETN) no longer appear because they lie beyond the live ranking's boundary. The live ranking is compared with a reconstructed month-end snapshot for
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.
