In addition to Facebook, it also owns Instagram, Messenger, and WhatsApp. The company also operates Facebook Reality Labs, which offers augmented and virtual reality (VR) products. So far in 2024, Apple’s stock has declined 2%, while Microsoft’s has risen 8.6%. While Apple is still strong, it doesn’t have the products and strategy to thrive in an artificial intelligence (AI)-fueled market. Jinngeng Holding Group is the first in our list to cross half a million employees, and the company itself is a state-owned coal mining conglomerate. There are plenty of Chinese state-owned companies in our list of the biggest companies by employees and China Mobile Communications, engaging in the telecommunications sector, is no exception.
Get step-by-step guidance on investing in Apple stock and learn the ins-and-outs of this technology company. Based in Minnesota, the group services the world where 80 per cent of its overall revenue comes from its UnitedHealthcare business. The second US-founded company to be among the biggest companies in the world has completely overhauled the way people shop, jumping from strength to strength since it was founded in 1994.
Their biggest concerns are how to maximize returns by maximizing profits, or adapting to everchanging economic situations in a volatile decade, such as the pandemic or now the threat of a looming recession. Since Saudi Aramco is largely dependent on oil prices, it went through significant ups and downs in 2022. Heavy oil demand helped it claim the top spot in terms of market cap early in May of 2022, but when demand fell, it was surpassed again by Apple and Microsoft. To diversify its portfolio, Saudi Aramco invested $500 million in a liquified natural gas (LNG) company, MidOcean Energy, in September 2023.
- Holding steady at No. 13 in the overall list, Alphabet claims the No. 3 spot in tech after sharing the position last year with software giant Microsoft, which slips to No. 4 in tech and No. 15 overall.
- According to FactSet, the S&P 500 as a whole has a forward P/E ratio of 20 and a trailing P/E of 24.2.
- The company has been a part of sanctions from the United States after Russia’s unprovoked invasion of Ukraine.
- The company also provides cloud services through Google Cloud and a variety of workspace collaboration tools.
The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company. In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares. The Silicon Valley firm is also worth more than any other company in the world, boasting a market value of nearly $2.3 trillion forex arbitrage software when the Global 2000 was tallied on April 16. Postal companies of countries with high populations require a massive amount of labor, in what is a very labor intensive industry. China Post Group is a state-owned official postal service of China and provides domestic as well as international services for small parcels, large parcels and EMS.
#77 American Express
For the eighth year in a row, Walmart topped the acclaimed list, making it one of the biggest companies in the world. In 2021, that number grew to 23 – the highest figure recorded since Fortune began the annual research in 2014. Collectively the biggest companies in the world were responsible for US$31.7 trillion in 2021, a figure that fell 4.8 per cent from 2020 – which was a record high of US$33.3 trillion.
Meta Platforms (META)
Google’s parent company hit a $2 trillion valuation in early November, less than two years after it passed the $1 trillion mark in January 2020. The stock increased 65% this year, with Alphabet reporting a 43% increase in advertising revenue in its last earnings report and handily beating analyst estimates for profitability. The stock’s performance was buoyed by consumer reliance on Google’s digital products and services throughout the pandemic, and it was recently crowned Big Tech stock of the year by CNBC. Founded in 1962, Walmart has since grown into one of the world’s largest retailers. The company operates discount stores, supercenters, neighborhood markets, as well as a robust online platform. Walmart sells a wide variety of merchandise including clothing and apparel, home goods, books, jewelry, food and beverage, pharmaceutical supplies, and automotive equipment.
ExxonMobil’s corporate name reflects the 1999 merger that combined two giants of the industry. Some foreign companies may report semiannually, and so may have longer lag times. We add the caveat that two other companies that otherwise would be added to this list are Saudi Aramco, the Saudi state oil company; and State Grid, the Chinese state-owned electric utility. They were omitted because their stocks are not publicly traded in the U.S. or Canada. Saudi Aramco, the third largest company in the world by market cap, incorporates sophisticated technology to help with environmental, government compliance, efficiency and financial processes throughout the company. Run with a workforce of around 70,500, those in search of high-level tech jobs will find ample opportunities here.
Saudi Aramco
Novo Nordisk is a multinational pharmaceutical company headquartered in Denmark. Though headquartered in Minnesota, this health insurance giant employs 400,000 people in all 50 states and 33 additional countries. Founded in 1958 by Bank of America, Visa has become one of the most valuable companies in the world. The payment card services corporation has its headquarters in San Fransisco and a workforce of around 28,000. In 2023, it had a market share of 56.4% in the global semiconductor foundry market.
The company offers products and platforms comprised of hardware, software, services, and more to serve the gaming, professional visualization, data center, and automotive markets. Alphabet (GOOGL/GOOG) is the parent of Google, the dominant search engine in the global market. Companies are ranked as per TradingView’s list of largest companies by market cap. All figures, which are also taken from TradingView, are current as of Jan. 20, 2024. For example, the third-largest U.S. company, Alphabet, has a forward P/E of 23.
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The company owns more than 373,000 branches, 230 mail processing centers and close to a hundred thousand transportation vehicles. But perhaps one of the biggest reasons for many employees quitting their jobs is the normalization of remote work. When the pandemic hit the world, most countries went into long-term lockdowns, which necessitated work from home for most employees, wherever possible. Once the restrictions subsided, many companies immediately went on the offensive, requiring their employees to come to office, if not every day, then most days. For employees who had settled on working remotely, or at least mostly remote, this was simply unacceptable and many refused to return to their jobs, instead opting for jobs where they could continue to work remotely. In this article, we have listed the 30 biggest companies in the world by 2023 revenue.
While tech companies dominate the top of the stock market, there are other sectors represented, including oil, insurance, medical companies, and luxury brands. Read on to see the 20 biggest companies and where they stand https://bigbostrade.com/ as of January 2024. Over the past year, Apple and Microsoft got within arms reach of a $3 trillion market cap, while Tesla and Facebook parent company Meta both reached the $1 trillion milestone for the first time.
#166 PNC Financial Services
This list is limited to companies that are publicly traded in the U.S. or Canada, either directly or through American Depositary Receipts (ADRs). A company’s market cap is calculated by multiplying the number of shares outstanding by the current market price of a single share. It operates digital content stores, provides cloud and payment services, and recently launched AppleTV+, a streaming service for on-demand entertainment content.
The rest of its staff are based at their international locations in over 20 countries, including 400 retail outlets each in Canada and China. Broadcom designs, manufactures and supplies semiconductor products as well as infrastructure software products. Some common applications for its products include home connectivity, smartphones, displays and energy systems. Eli Lilly and Company (LIL) is one of the world’s leading pharmaceutical companies. Usually called just Lilly, the company is based in Indianapolis, Indiana. It researches, develops, manufactures, and markets human pharmaceuticals for the global market.