SAP Regains Position in the Ranking of leading Stock Market Entities
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Boom in AI sends Market Cap of Top 100 Companies Soaring to a Record $45 Trillion, with US Giants Streaming Ahead
Taking Over the World
The tech-driven revolution is favoring the US tech titans, as shown by the dominance of American corporations at global stock exchanges. In the top 10, nine companies reside in the US, with seven of them being tech firms, according to a report by consulting firm EY. Out of the top 100, a whopping 62 hail from the US. The most valuable European company, the Danish pharmaceutical firm Novo Nordisk, ranks 24th, with the Parisian luxury giant LVMH following close behind at position 28.
The Chosen Ones
In the ever-evolving landscape of corporate valuations during the AI boom, the top dogs are mostly tech-related behemoths, as highlighted by recent market capitalization data:
- Apple (AAPL)
- Market Cap: Roughly $3.13 trillion as of April 25, 2025[1].
- Home of Operations: United States
- Microsoft (MSFT)
- Market Cap: Over $2.9 trillion as of early April 2025[4].
- Country of Origin: United States
- NVIDIA (NVDA)
- Market Cap: Over $2.44 trillion as of early April 2025[5].
- Country of Origin: United States
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The US giants, particularly those in the tech sector, have benefited immensely from the AI boom, with companies like NVIDIA experiencing substantial growth due to their prominent role in AI technologies.
- Amidst the AI boom, Danish companies are relatively less represented, with the most valuable European company, Novo Nordisk, only ranked 24th, demonstrating a noticeable gap compared to the US giants.
- In sharp contrast to European firms, 62 out of the top 100 companies are American, highlighting the dominance of US companies in the global market during this age of AI and technology.
- LVMH, a French luxury giant, follows closely behind Novo Nordisk at position 28, showing a minority presence of non-US companies even within the ranks of the top 30 companies in the world.
