Top 10 companies with the largest market cap

By Mariam Khan

Top 10 companies with the largest market cap

As we hit the halfway mark for 2025, the financial standings of companies everywhere are reflecting the many global happenings that have occurred thus far.One way to measure the growing success of a company’s performance is through market capitalisation, or ‘market cap’. In simple terms, this label refers to a corporation’s total value of company shares on the stock market.Here are the top 10 companies with the largest market caps as of July 2, 2025, according to data from Companies Market Cap..AI ‘data halls’: Nvidia partners UAE’s Khazna to build next-gen infrastructure.Nvidia: $3.738 trillionValued at almost $4 trillion, Nvidia is currently the top ranking organisation when it comes to market cap. The company’s strong-holding high value is a key reflection of the world’s prioritisation and focus towards artificial intelligence. Nvidia had one of its biggest increases in market cap two years ago, jumping from an estimated value of $364 billion in 2022 to $1.223 trillion in 2023. The company continues to release new AI chips, such as their Blackwell Ultra this year, in efforts to maintain their dominance in the AI sphere.Microsoft: $3.657 trillionComing in second place is Microsoft. This technology conglomerate is home to various ventures such as Azure, LinkedIn, Xbox, and Bing, among others. The company first hit the one trillion dollar mark in 2019, and since then has been steadily climbing up the ranks. Microsoft is expected to hit the $4 trillion mark this year..Nvidia reports $18.8 billion profits, beats expectations despite export controls.Apple: $3.103 trillionAlthough the market cap for Apple has dropped by nearly 20 percent from $3.863 trillion in 2024 to $3.1 trillion (and counting) for 2025, the company has still maintained a top position in the overall stock market. The recent debacles surrounding tariffs on Apple’s Chinese-imported products in the US has played a major role in the ups and downs of the company’s market cap.Amazon: $2.340 trillionAmazon first reached the one trillion dollar mark in 2020, with the Covid-19 pandemic likely playing a major role in that. However, since then the company’s market cap has fluctuated a lot. Amazon is the only retailer company within this list, standing out as a unique player. Over the years, Amazon’s value has grown as they acquired many companies, while also launching their own internal brands like Amazon Fire TV and Prime Video. Some examples of popular acquisitions include Whole Foods, Ring, MGM studios, and even UAE’s own souq.com in 2017..Major AI shift: Is Apple next planning to use ChatGPT to power Siri? .Alphabet (Google): $2.139 trillionAlphabet is the final company to earn a spot within the top five rank. Apart from being the parent company to Google, Alphabet also owns other notable companies like YouTube, Waze, Nest, and Fitbit. The corporation recently reached the two trillion dollar mark in 2024, bringing home a market cap value of $2.365 trillion. Although the company experienced a market cap drop of nearly 10 percent since last year, Alphabet has still maintained a value in the two trillion range.Meta: $1.808 trillionThe company had one of the largest increases in market cap in 2023 where the value changed by an estimated 184 percent. Market value has been doing well since then, as the company reached the one trillion milestone in the following year. The company continues to work on expanding their products and services, such as the Meta AI glasses in recent years. .Microsoft to cut another 9,000 jobs as global tech layoffs continue in 2025.Saudi Aramco: $1.573 trillionSaudi Arabia’s Aramco is the only Middle Eastern company to make the top 10 ranks. It is part of the few select companies on this list that offer non-technology related products and services. As a natural gas and petroleum enterprise, Aramco has sustained a high rank thanks to its position as the world’s largest oil producing company.Broadcom: $1.245 trillionBroadcom is a technology company that focuses on products like semiconductors and networking products like Ethernets and LANs. Thus, the company products are most commonly found in computers and similar devices. 2024 was a big year for Broadcom as the company not only reached the one trillion mark, but also experienced a 145 percent change from 2023’s $461.01 billion market value to $1.245 trillion..TSMC: $1.165 trillionTaiwan Semiconductor Manufacturing Company, better known as TSMC, is the only East-Asian company to make this list. They specialise in chip production that are then used by in products like iPhones. Over the past decade, the company’s market cap has continued to substantially rise, with some occasional dips. The biggest change occurred from 2023 to 2024, where the market cap changed by over 90 percent, going from $539.38 billion to $1.045 trillion.Berkshire Hathaway: $1.055 trillionThe final top 10 company is Berkshire Hathaway. This American conglomerate is home to a diverse range of homegrown brands in various sectors. For instance, the company owns GEICO in insurance, Dairy Queen in fast food chains, Benjamin Moore & Co. in construction manufacturing, and Duracell in battery manufacturing. The company achieved the $1 trillion milestone just last year. Over the years, Berkshire Hathaway has seen some of the most stable growth, with no major or sudden increases or decreases in value.Mariam Khan is a trainee journalist with Gulf News.

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