After Apple's Exit from $3 Trillion Club, Here is Ranking of Largest Companies by Market Value

Apple's market cap fell below the $3 trillion mark at the end of trading this week, reaching $2.916 trillion, following US President Donald Trump's threat to impose a 25% tariff on iPhones not manufactured in the United States.

This decline highlights the risks facing large companies amid a volatile economic environment, escalating political pressures, and uncertainty related to President Trump's trade war.

Despite the decline, Apple maintained its position as the world's third-largest company by market capitalization.

Topping the list is Microsoft, which has consolidated its position as the world's largest publicly traded company with a market capitalization of $3.345 trillion. Second place goes to Nvidia, which continued its rise driven by the boom in artificial intelligence technology, reaching a market capitalization of $3.201 trillion.

Amazon came in fourth place with a market cap of $2.133 trillion, followed by Alphabet, the parent company of Google, with a market cap of $2.050 trillion.

Saudi Aramco, the global energy giant, came in sixth place with a market cap of $1.622 trillion, ahead of Meta (formerly Facebook), which came in seventh place with a market cap of $1.576 trillion.

Tesla, the electric car manufacturer, came in eighth place with a market cap of $1.093 trillion, while Berkshire Hathaway, run by billionaire Warren Buffett, came in ninth with a market cap of $1.086 trillion.

This ranking reveals the intense competition among tech giants, as companies seek to strengthen their market position amid global economic volatility. In contrast, Apple faces increasing challenges due to its heavy reliance on global supply chains, making it more vulnerable to political and economic movements. Meanwhile, companies like NVIDIA and Microsoft are benefiting from the momentum provided by artificial intelligence and digital transformation.