FYI, Nvidia Is Back as The Biggest Company in The World by Market Cap

Hello to you all on this beautiful Monday! Just two weeks ago, we were eagerly speculating about which of the three most valuable companies—Apple, Nvidia, or Microsoft—would be the first to hit the enviable $4 trillion market cap mark. It seemed inevitable, but oh, how quickly the tides have turned.

In a surprising twist of events, the market cap of all three tech behemoths has faced a decline. As of today, Nvidia has emerged as the most valuable company in the world with a market cap of $3.492 trillion. Not too far behind, Apple holds the second spot with a market capitalisation of $3.350 trillion. Meanwhile, Microsoft is in close pursuit with a market cap of $3.301 trillion.

Just two weeks ago, Apple was reigning supreme with a market cap nearing $3.8 trillion, sparking enthusiastic discussions about it potentially being the first to reach the $4 trillion milestone. However, market dynamics have shown us that nothing is set in stone. Despite the recent dip, hope remains alive for Apple to reclaim its momentum as earnings season progresses.

Excitement around the earnings season is palpable, particularly with Netflix’s recent stellar performance. The streaming giant reported an impressive Q4 2024, surpassing 300 million subscribers for the first time and driving its market cap to over $400 billion, making it the 21st biggest company globally. Netflix’s success can be attributed to a robust slate of original content, including hit series like “Squid Game” and record-breaking sporting events.

What sets Nvidia apart in this triad of tech giants? The answer lies in its dominance of the AI processor market. Nvidia’s cutting-edge GPUs have solidified its position as a leader in artificial intelligence, boasting an estimated market share between 70% and 95%. The company’s innovation trajectory remains unparalleled, and its latest Blackwell chip has seen staggering demand.

While today’s figures reflect a temporary setback, the race to reach the historic $4 trillion market cap is far from over. Apple, Nvidia, and Microsoft each have unique strengths and growth strategies that could propel them to new heights.

Stay tuned, as the tech world continues to keep us on our toes with its dynamic shifts and thrilling market races.