The total market value of the world’s ten most valuable companies rose by 16.69%, i.e., $4,183 billion, since the start of the war in Iran at the end of February, reaching $29,240 billion.
Before the joint attacks carried out on February 28 by the United States and Israel against Iran, the valuations of the world’s leading companies were already experiencing significant fluctuations.
Spectacular rebound of the tech giants
By the end of March, the total market capitalization of the world’s top ten companies had fallen by 4.3%, or $1,077 billion, in one month, to stand at $23,980 billion.
However, buy recommendations issued by major investment banks and expectations around investments in artificial intelligence strongly supported the markets, as geopolitical tensions appeared to ease.
By the end of April, the combined value of the ten groups had reached $27,862 billion, a monthly increase of 16.19% representing $3,882 billion in additional value.
As of May 8, their capitalization had risen another 4.94%, i.e., $1,377.5 billion, bringing the total to $29,240 billion.
NVIDIA surpasses $5 trillion
The chipmaker NVIDIA recorded a historic high in April with a market capitalization of $5,229 billion, surpassing the $5,000 billion threshold for the first time after a loss of $67.8 billion recorded in March.
After profit-taking at the end of the month, NVIDIA nevertheless regained this level thereafter.
Behind NVIDIA, Alphabet reached a valuation of $4,834 billion, followed by Apple with $4,309 billion.
Microsoft occupies fourth place with a capitalization of $3,084 billion, ahead of Amazon with $2,933 billion.
The ranking also includes Broadcom with $2,036 billion, TSMC with $1,890 billion, Saudi Aramco with $1,769 billion, Tesla with $1,609 billion and Meta with $1,547.5 billion.
Broadcom leads the gains
Since the beginning of the conflict, Saudi Aramco has seen its value rise by $158 billion, while Tesla has gained $98.3 billion.
Meta is the only company in the ranking to have lost value, with a decline of $92.6 billion.
In percentage terms, Broadcom registered the strongest advance with a rise of 34.38%, ahead of Amazon with 30.12% and Alphabet with 28.24%.
