
5 companies that could hit a $4 trillion market cap after Nvidia
A company's market capitalization, or 'market cap,' is determined by adding up the total value of all the shares in that company. As of yesterday, when you added up Nvidia's total shares, you got a value of more than $4 trillion.
But Nvidia isn't the only company that will likely cross this $4 trillion milestone. Here are other companies that are close—or relatively close—to the $4 trillion market valuation mark, as of the close of the market yesterday, according to stock market data from Yahoo Finance.
Microsoft
Microsoft Corporation (Nasdaq: MSFT) closed at $503.51 per share yesterday, bringing the company's market cap to just north of $3.7 trillion.
This makes the Windows maker the second-most valuable company, only behind Nvidia. Of course, like all the companies on this list, its stock price's current and past performance are no predictor of where the company's valuation goes next.
Still, as of the time of this writing, Microsoft is less than $300 billion in value away from becoming the world's second $4 trillion company.
Apple
Apple Inc. (Nasdaq: AAPL) was the first public company in history to cross the $1 trillion, $2 trillion, and $3 trillion market cap marks. Currently, it ranks third in the world's most valuable public companies.
Yesterday, the company's shares closed at $211.14, giving Apple a market cap of just over $3.1 trillion. That means Apple is about $900 billion in value shy of a $4 trillion market cap.
While this brings Apple closer in value to $4 trillion than the rest of the companies on this list, the $900 billion gap means Apple's stock price will need to rise by nearly 25% to reach a $4 trillion market cap.
The closest Apple has ever come to this threshold is a market cap of $3.9 trillion last year—nearly there.
Amazon
The e-retail giant Amazon.com, Inc. (Nasdaq: AMZN) is next closest to a $4 trillion market cap. But first, it's got to pass the $3 trillion mark, too.
As of yesterday's close at $222.54, Amazon has a market capitalization of approximately $2.3 trillion. This means the stock needs to nearly double in value to reach a $4 trillion market capitalization.
Alphabet (Google)
Right behind Amazon is Alphabet Inc. (Nasdaq: GOOG), owner of Google. The search giant's share price closed at $177.66 yesterday, giving it a market cap of just over $2.1 trillion.
Again, that makes it one of the most valuable companies ever, but it also means that Alphabet still needs to pass the $3 trillion mark before it can hope to achieve a $4 trillion valuation, matching Nvidia's.
Meta
Facebook owner Meta Platforms, Inc. (Nasdaq: META) is the next closest U.S. company to a $4 trillion valuation. However, it is currently a long way from reaching that milestone.
The company's shares closed at $732.78 yesterday, giving it a market cap of just over $1.8 trillion. That means Meta shares need to more than double to reach a $4 trillion valuation.
Road to $10 trillion?
That any public company would have a trillion-dollar market cap once seemed unimaginable.
But then on August 2, 2018, Apple did just that, becoming the world's first trillion-dollar company. It took 37 years, 7 months, and 21 days to reach that milestone after its initial public offering on December 12, 1980.
Apple's next trillion dollars came much faster. On August 19, 2020, Apple became the first company to surpass a $2 trillion market capitalization. It added that extra trillion in valuation in just 2 years and 17 days. Then, just 2 years, 10 months, and 11 days later, Apple became the first company to cross a $3 trillion market cap.
Since Apple first became a 12-figure company in 2018, many other U.S. companies have surpassed this milestone. That includes Nvidia, Microsoft, Amazon, Alphabet, Meta, Tesla, and Broadcom.
What's remarkable about Nvidia's rise to the most valuable publicly traded company ever is that while it took Nvidia just over 24 years to cross the $1 trillion market cap in June 2023, it took the company a mere 2 years and change to cross the $4 trillion mark. That's an addition of another $3 trillion in market capitalization in less than 25 months.
Of course, there's no guarantee that Nvidia stays above the $4 trillion market cap mark. Yet, the rate at which the biggest tech companies are increasing their market caps in recent years suggests that, if things continue on the same trajectory, the world may very well see its first $10 trillion company (or companies) before this decade is over.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
26 minutes ago
- Yahoo
House passes Trump's cuts to public broadcasting, foreign aid; next stop president's desk
WASHINGTON − President Donald Trump's push for $9 billion in spending cuts − slicing into public broadcasting stations PBS and NPR, as well as the United States' foreign aid efforts − crossed the Congressional finish line just after midnight on July 18 and soon will hit the Republican's desk for signature into law. The House approved the measure, in response to Trump's official request, in a 216-213 party line vote. Two Republicans voted no on the second-term president's plan, which represents just a fraction of the almost $200 billion that Trump's Department of Government Efficiency claims to have saved the federal government. A bulk of the cuts in the legislation strips away funding authorized by a previous law for foreign aid, including peacekeeping efforts and global health initiatives. More: Elmo and AIDS prevention: What is Congress targeting in their spending cuts? Office of Management and Budget Director Russell Vought said the amounts being slashed represent "wasteful and unnecessary spending," in the White House's formal request to Congress. Around $1 million will be taken from public broadcasting, including PBS and NPR. Local stations, which are much more reliant on federal grants than their national counterparts, are expected to bear the brunt of that lost funding. Congress barely met their July 18 midnight deadline to get the bill approved, otherwise the current funding would remains in place. The Senate passed its version of the spending cut bill earlier in the week after Republicans including Sen. Susan Collins successfully saved funding grants for AIDS prevention . This article originally appeared on USA TODAY: Congress approves Trump's $9 billion cuts to PBS, NPR, foreign aid
Yahoo
26 minutes ago
- Yahoo
China commerce minister says he met Nvidia CEO in Beijing
By Che Pan and Casey Hall BEIJING (Reuters) -China's Commerce Minister Wang Wentao said on Friday he met with Nvidia CEO Jensen Huang in Beijing on Thursday. Wang said at a press conference that Huang had worked very hard over the past few days during his visit to China, but Wang did not provide any details about what was discussed at their meeting. Nvidia did not respond immediately to a request for comment. During his third China visit this year, Huang, the founder and CEO of the world's most valuable company, also met with Ren Hongbin, chairman of China Council for the Promotion of International Trade and the country's Vice Premier He Lifeng. Chinese officials told Huang they welcomed foreign companies to continue to invest in the country, the Nvidia CEO said at a press conference in Beijing on Wednesday. At the event, Huang described artificial intelligence models from Chinese firms Deepseek, Alibaba and Tencent as "world class" and said AI was "revolutionising" supply chains. Huang also said Chinese customers' demand for its H20 AI chip, which was released from U.S. export controls this week, is high but no purchase orders have been fulfilled yet as it awaits U.S. government approval for export licences. Nvidia has also announced it is developing a new chip for Chinese clients called the RTX Pro GPU, which would be compliant with U.S. export restrictions and designed specifically for smart factories and for robot training purposes. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26 minutes ago
- Yahoo
Strong earnings and upbeat economic data power stocks to fresh all-time highs
The S&P 500 and Nasdaq hit fresh records on Thursday on strong earnings and economic data. Q2 earnings season is off to a strong start, with 71% of firms beating estimates. Jobless claims also ticked lower while retail sales rose, soothing concerns about the economy. US stocks closed at a record high on Thursday as traders brushed off the latest Trump-Powell drama and took in strong corporate earnings and positive economic data. Major indexes popped a day after a brief spasm of volatility brought on by reports Donald Trump was gearing up to fire Federal Reserve Chairman Jerome Powell. The Dow on Thursday gained more than 200 points. The S&P 500 and Nasdaq 100 each rose more than 0.5%, with both indexes reaching a new closing record. Here's where US indexes stood at the 4 p.m. closing bell on Thursday: S&P 500: 6,297.50, up 0.54% Dow Jones Industrial Average: 44,485.53, up 0.52% (+230.75 points) Nasdaq Composite: 20,884.27, up 0.74% Here's what's powering the latest all-time highs for the stock market. Earnings season Investors have been cheering a strong start to the earnings season, with shares of PepsiCo and United Airlines surging after posting earnings beats. PepsiCo popped 7%, while United Airlines rose as much as 4% Thursday before paring its gains in the afternoon. Financial stocks also climbed, boosted by strong earnings from JPMorgan, Wells Fargo, Morgan Stanley, and Goldman Sachs this week. Out of all S&P 500 companies that have already posted their second-quarter results, 71% have beaten earnings estimates, according to FactSet. The benchmark index is now on track to post more than 9% earnings growth for the quarter, the firm said in an analysis this week. Upbeat data The market was also comforted by signs that the US economy remains on solid footing despite worries about tariffs. Initial jobless claims in the last week fell to 221,000, down by around 7,000 from the prior week, according to the Labor Department. Americans also ramped up their spending more than expected last month. Retail sales rose 0.6% in June, according to the US Census Bureau, beating economists' estimates. Healthy data is smoothing over fears that economic growth will be dented by President Donald Trump's tariffs. "The damage from tariffs can't be found yet," Louis Navellier, the founder of Navellier & Associates, said of retail sales growth in a note on Thursday. "Granted, there is still a long way to go in reaching the final tariff agreements, but the turmoil that some feared is not showing up in the numbers, helping to explain why stocks are at all-time highs." Strong consumer spending, which accounts for around two-thirds of GDP growth, is also bolstering confidence that the US will avoid a recession this year. "Consumers are flexing their spending muscle again," Gina Bolvin, the president of Bolvin Wealth Management Group, wrote in a note. "Strong retail sales are like oxygen for the economy, and Wall Street is breathing a sigh of relief today." Read the original article on Business Insider Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data