Tuesday, January 13

Alphabet Surpasses $4 Trillion Market Cap; Reliance Holds India’s Spot in Global Top 100

New Delhi: Google’s parent company, Alphabet Inc., has officially crossed the $4 trillion market capitalization mark, joining an elite club of just four companies worldwide to reach this milestone. On Monday, Alphabet shares rose over 1%, pushing the company’s market value to $4.016 trillion.

Alphabet Enters the $4 Trillion Club
Alphabet is now the fourth company globally to surpass the $4 trillion threshold, following Nvidia, Apple, and Microsoft. Nvidia, a leading AI chipmaker, currently tops the list with a market value of $4.502 trillion. However, concerns over an AI bubble have recently affected Nvidia’s stock price. Alphabet ranks second, with Apple at $3.845 trillion in third place and Microsoft at $3.546 trillion in fourth.

Global Top 10 Companies
Other leading companies in the top 10 include:

  • Amazon – $2.6 trillion (5th)
  • TSMC (Taiwan) – $1.720 trillion (6th)
  • Broadcom – $1.669 trillion (7th)
  • Meta Platforms (Facebook parent) – $1.618 trillion (8th)
  • Saudi Aramco – $1.564 trillion (9th)
  • Tesla – $1.493 trillion (10th)

Of the world’s ten most valuable companies, eight are based in the U.S.

India’s Sole Representative: Reliance Industries
Among the global top 100 companies, India has just one representative. Reliance Industries ranks 77th with a market valuation of $220.12 billion, holding India’s presence in the elite global list. No other Indian company has made it into the top 100.

China’s Strong Showing
China, on the other hand, has 10 companies in the top 100, including major names such as:

  • Alibaba – $397.03 billion (26th)
  • Agricultural Bank of China
  • ICBC
  • China Construction Bank
  • PetroChina
  • Bank of China
  • Kweichow Moutai
  • CATL
  • China Mobile
  • Ping An Insurance

Alphabet’s milestone underscores the continued dominance of U.S. tech giants in the global market, while Reliance Industries remains India’s flagship representative on the world stage.


Discover more from SD NEWS agency

Subscribe to get the latest posts sent to your email.

Leave a Reply

Discover more from SD NEWS agency

Subscribe now to keep reading and get access to the full archive.

Continue reading