The year 2021 has been full of surprises for the stock markets. In the year, many companies have overtaken other companies in terms of market capitalization and performance. Therefore, it is important to discuss the performance of these companies.
One of the biggest changes that the world has witnessed in the year 2021 is the demotion of Apple to being the second-largest company in the world by market capitalization.
It was since July of 2018 that Apple had held on to the spot of being the company with the largest market capitalization. In addition to being the largest, Apple was the only company in the entire world with a market capitalization of over $2 trillion.
However, Microsoft not only crossed the $2 trillion market capitalization benchmark in 2021, but it has also surpassed Apple.
As of now, Microsoft (MSFT) is the largest company in the entire world with a market capitalization worth over $2.472 trillion. At the time of writing, Microsoft’s stock is being traded at a price of $329.37 per share. In the last 24-hours, its price has experienced a 0.68% drop. Microsoft is a major tech company that is from the United States.
Apple is now the second-largest company in the entire world with a market capitalization worth over $2.443 trillion. At the time of writing, Microsoft’s stock is being traded at a price of $148.96 per share. In the last 24-hours, its price has experienced a 0.56% drop. Apple is a major tech company that is also from the United States.
Saudi Aramco is the third-largest company in the entire world with a market capitalization worth over $2.011 trillion. At the time of writing, Aramco’s stock is being traded at a price of $10.06 per share. In the last 24-hours, its price has remained neutral. Aramco is a major oil company that is also from Saudi Arabia.
Alphabet is the fourth-largest company in the entire world with a market capitalization worth over $1.907 trillion. At the time of writing, Alphabet’s stock is being traded at a price of $2,875 per share. In the last 24-hours, its price has experienced a 3.03% drop. Alphabet is also a major tech company that is also from the United States.
Amazon is the fifth-largest company in the entire world with a market capitalization worth over $1.682 trillion. At the time of writing, Amazon’s stock is being traded at a price of $3,318 per share. In the last 24-hours, its price has experienced a 1.61% drop. Amazon is also a major tech company that is also from the United States.
Tesla is the sixth-largest company in the entire world with a market capitalization worth over $1.213 trillion. At the time of writing, Tesla’s stock is being traded at a price of $1,209 per share. In the last 24-hours, its price has experienced an 8.49% increase. Tesla is also a major electric vehicle company that is also from the United States.