Winning Bizness Desk
Mumbai. You can be surprised to know that the combined market cap of US companies Microsoft and Apple has surpassed the total market cap of 3,851 companies listed in India. Apart from this, the market cap of America's top three valuable companies - Microsoft, Apple and Nvidia is now bigger than the 5,300+ companies of the Chinese stock exchange. According to a report, the market cap of Microsoft-Apple is $6.14 trillion (about Rs 512 lakh crore) while the overall market cap of BSE is $5.06 trillion (about ₹423 lakh crore). At the same time, the market cap of Microsoft, Apple and Nvidia is $9.2 trillion (₹768 lakh crore) while the market cap of China's Shanghai Stock Exchange is $9 trillion (₹768 lakh crores).
AI products helps Microsoft
Microsoft has invested in OpenAI and is implementing AI in its products and services. Due to this, Microsoft's shares have climbed more than 15% in the last 6 months, which has led to a jump in the company's market cap. Apple's stock saw a decline in the month of March this year. However, now there has been a slight recovery in it and in the last 6 months, Apple's stock has risen only 1.92%. At the same time, it has jumped 7.56% in one month. Last week, semiconductor chip maker Nvidia surpassed Apple to become the world's second most valuable company. Nvidia's market cap had reached $3.01 trillion. Its stock has gained 212% in the last one year.
Nvidia's market cap crosses from 2 to 3 trillion in 3 months
Interestingly, Tim Cook-led Apple was the first US company to reach a market cap of $3 trillion in January 2022. Microsoft achieved this milestone in 2024. Nvidia, on the other hand, crossed the market cap of $2 trillion in February 2024, and it took only three months to reach $3 trillion.
What is market capitalization?
Market cap is the value of the total outstanding shares of any company, that is, all the shares that are currently held by its shareholders. It is calculated by multiplying the total number of issued shares of the company by the price of the stock. Market cap is used to categorize the shares of companies to help investors choose them according to their risk profile. Such as large cap, mid cap and small cap companies.
