Latest news with #CompaniesMarketCap
Indian Express
27-05-2025
- Business
- Indian Express
Top 10 countries with the most billion-dollar companies in 2025: India makes the list
Countries with the most billion-dollar companies in 2025: The global financial markets are increasingly dominated by a select few countries that host a larger number of billion-dollar companies—publicly listed firms with a market capitalisation of at least $1 billion. The United States is home to some of the largest organisations in terms of both revenue and market capitalisation, with it alone having 1,873 billion-dollar firms worth $1 billion, and a combined market cap of $57.115 trillion, according to Best Brokers' recent research. It is greater than the expected size of the United States' economy in 2025, which is the world's largest, with a nominal GDP of $30.3 trillion. The remaining 1,400 billion-dollar companies, out of 5,522 public companies in total, are concentrated within Japan, India, and China, reflecting the growing share of Asian economies, as they witness strong economic growth, rising incomes, and greater investment. Meanwhile, the Middle East accounts for 5.6% of the world's large firms, with Saudi Arabia having the most billion-dollar firms in the region, with 98, followed by Israel and the UAE, which have 70 and 62, respectively. On a side note, countries like Monaco, Singapore, Bahrain, Luxembourg, and more, despite being relatively smaller in size, have a high concentration of large-cap companies, which makes them attractive investment hubs with competitive economies. Source: BestBrokers and CompaniesMarketCap Trailing behind only the United States and Japan in terms of the total number of billion-dollar companies, India ranks third globally in 2025, with 348 companies crossing the billion-dollar valuation market, collectively holding a market capitalisation of $3.75 trillion. India's stock market has risen to prominence within the global financial landscape, with the National Stock Exchange (NSE), ranking as the fifth-largest exchange worldwide by market cap. Meanwhile, the Bombay Stock Exchange (BSE), one of the oldest stock exchanges in Asia, achieved a significant milestone by reaching a market capitalisation of $5 trillion for all its listed companies last year. To determine which countries have the most billion-dollar companies per capita, the report first examined publicly traded companies on the company and stock tracking website CompaniesMarketCap. It further chose those with a market value, often known as market capitalisation (or market cap), of at least one billion US dollars, yielding a total of 5,522 companies from 74 nations and territories. Cherry Gupta is an Assistant Manager - Content at The Indian Express. She is responsible for crafting compelling narratives, uncovering the latest news and developments, and driving engaging content based on data and trends to boost website traffic and audience engagement. One can connect with her on LinkedIn or by mail at ... Read More
Business Mayor
22-05-2025
- Business
- Business Mayor
Bitcoin hits new all-time high,100% of BTC holders in profit
Bitcoin hit a new all-time high above$109,000 on May 21, 2025. The milestone saw 100% of BTC holders fall into profit. Bitcoin also surpassed Amazon in terms of market cap Bitcoin price has just surged to a new all-time high above $109k. On May 21, 2025, the price of Bitcoin spiked more than 4%, storming past its previous ATH as optimism swept bears aside. Over $50 million worth of BTC shorts were liquidated in just an hour. 100% of Bitcoin holders are in profit This latest Bitcoin price surge sent every other holder of the coin into a profitable position. According to data from Sentora, formerly IntoTheBlock, 100% of Bitcoin addresses were in the money amid the massive milestone. With Bitcoin (BTC) price retesting the $109k level, holders underwater declined to zero. Also at 0% were addresses with the money, meaning wallets whose average buy price was at or near the previous ATH. Sentora had earlier shared via X on May 21, 2025, that BTC holders were 99% in profit as the price crossed the $107k level. A lot of those celebrating the new ATH are hodlers who have held BTC for more than a year. The percentage count according to Sentora data is 75%. More than 21% have held Bitcoin for 1-12 months. Notably, when Bitcoin price fell to under $80k in April, new holder wallets were among those to aggressively offload. Analyst says BTC could hit $600k in 2025 On May 21, as Bitcoin price surged towards its all-time high above $109k, Fred Krueger shared his staggering Bitcoin price prediction for 2025. Read More BNB Price Could Resume Upside Unless The Bulls Fail At $610 According to the BTC bull, the top crypto could see its price hit $600k by October 2025. While this may be an overly bullish take, his forecast is that a run to $150k by the summer will provide the impetus for a new parabolic leg up. Once we escape past 110K, there is no more friction. Its a smooth ride to 150k. 'Ground Control to Major Tom' — Fred Krueger (@dotkrueger) May 21, 2025 Saylor says it's time to buy BTC As Bitcoin rose to its new ATH, Michael Saylor, founder of Strategy, said Bitcoin is still a buy despite the rally. In a post on X, Saylor noted that not acquiring BTC at current price levels is 'leaving money on the table.' Earlier, in late April, the MicroStrategy founder noted that soon banks and global financial institutions will soon make Bitcoin 'unaffordable' to the regular investor. The remarks mirror numerous predictions that see BTC at $200k in 2025 and $1 million in the next few years. Bitcoin surpasses Amazon by market cap In the past 24 hours, the benchmark crypto has also notched another milestone – its market cap has surpassed that of Amazon. JUST IN: Bitcoin overtakes Amazon and Google to become the 5th biggest asset in the world. — Bitcoin Archive (@BTC_Archive) May 21, 2025 According to details on CompaniesMarketCap, Bitcoin's spike above $109k sees it overtake Amazon, the leading e-commerce company listed in the U.S. While Amazon currently sits at a $2.157 trillion market cap, Bitcoin has increased to over 2.166 trillion.
Yahoo
13-05-2025
- Business
- Yahoo
UnitedHealth CEO Andrew Witty steps down as insurer suspends outlook
UnitedHealth CEO Andrew Witty is resigning from his position for personal reasons, the insurance company announced on Tuesday. UnitedHealth also said that it would suspend its 2025 financial outlook due to higher-than-expected medical costs. The move to withhold guidance followed its first quarterly earnings miss in more than a decade. The company did not immediately respond to a request for comment. "Leading the people of UnitedHealth Group has been a tremendous honor as they work every day to improve the health system, and they will continue to inspire me," Witty said in a statement. Stephen Hemsley was appointed as CEO "effective immediately," the health care giant said Tuesday. Hemsley previously served as UnitedHealth CEO from 2006 to 2017. He will retain his role as chairman of the company's board. Shares of the Minnesota-based company have plunged since the death of former CEO Brian Thompson, who was shot and killed outside a hotel in midtown Manhattan in December. Thompson served as CEO of UnitedHealthcare, the insurance arm of UnitedHealth Group, from April 2021 to his death. The company's shares fell $37.71, or nearly 10%, to $341.04, ahead of the start of trade. UnitedHealth is valued at $343.57 billion as of May 2025, according to CompaniesMarketCap. In December 2024, the death of Thompson plunged the heath insurance company into the national spotlight. The fatal shooting brought to the fore Americans' discontent with the health care industry writ large. Many took to social media to air their frustrations about rising medical costs and claims being denied. "We are grateful for Andrew's stewardship of UnitedHealth Group, especially during some of the most challenging times any company has ever faced," Hemsley said in the company statement. Witty openly acknowledged the flaws of the health care system in an op-ed written for the New York Times in December 2024, following the death of Thompson. "We know the health system does not work as well as it should, and we understand people's frustrations with it," Witty wrote. "No one would design a system like the one we have." Josh's mom on making a move What will Pope Leo XIV mean for the Church? Why flights were delayed again at Newark airport even though backup system worked 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
Euronews
26-04-2025
- Business
- Euronews
Apple plans to switch US iPhone assembly to India in blow to China
ADVERTISEMENT Apple has revealed that it is planning to move the assembly of all its iPhones sold in the US to India, according to the Financial Times. Currently, the company still assembles most of its iPhones in China. This could potentially take place as soon as next year, as the company attempts to reduce its reliance on China in the wake of the current escalating trade and tariff tensions between the US and China. At the moment, Apple sells more than 60 million iPhones per year in the US, which could all be produced in India by the end of next year, supporting Apple's goal to diversify its supply chain. If so, current iPhone production in India would have to be doubled, the FT reported on Friday. In the last several years, Apple has invested significantly in China, in order to build a cutting-edge production line which was vital for the company to establish itself as a global tech leader worth more than $3 trillion (€2.7tn), according to Companies Market Cap. Apple uses a vast network of manufacturing partners and factories in China, such as Luxshare Precision Industry and Foxconn. These have sprawling production plants in cities such as Zhengzhou, which is also known as 'iPhone City'. iPhones are also made in other Chinese cities such as Wuhan, Shenzhen, Kunshan, Beijing, Tianjin, Huizhou and Guangzhou, with Apple having a considerably complex assembly process as well. However, China has now been hit with US levies of up to 145%, while also having imposed its own tariffs against the US, of up to 125%. Although the US government has recently shared that it is willing to compromise with China, and is also reportedly considering lowering some of these tariffs, Apple's supply chain could still be impacted. Apple's share price closed 1.8% higher on Thursday on the NASDAQ exchange. However, it fell 5.6% in the last month. Euronews has contacted Apple for comment. Related How the US is relaxing regulations to lead the self-driving car race Opposite effect: Could Trump's tariffs end up cooling inflation in Europe? Apple ramps up production facilities in India In India, Apple has already been increasing its manufacturing facilities with contract manufacturers such as Foxconn and Tata Electronics. The company is mainly setting up bases in southern Indian states such as Karnataka and Tamil Nadu, in cities such as Bangalore, through its suppliers. Foxconn also has a factory in Hyderabad, primarily focusing on AirPods manufacturing. Some of Apple's other suppliers, such as Pegatron Technology India and Wistron have production facilities in India as well. However, given how large the US iPhone market is, it is likely that Apple will need to increase its investment in Indian manufacturing facilities even more, in order to fully meet demand and reduce its dependence on China. Although the US had imposed so-called reciprocal tariffs of 26% on India as well, this has now been paused for 90 days while the country tries to negotiate a bilateral trade agreement with the US. However, the US' universal 10% tariffs are still currently applicable to India. ADVERTISEMENT Apple is also looking to expand its production facilities in Vietnam, which is already a large Apple manufacturing hub, producing iPads, MacBooks and Apple Watches and iPhones. Similarly, it is looking into investing in manufacturing facilities in Indonesia, although no concrete plans have been revealed yet. Apple will be reporting its first quarter 2025 earnings next week, potentially providing investors with a better idea of how tariffs might impact the company in the coming months.
Yahoo
12-04-2025
- Automotive
- Yahoo
Billionaire hedge fund manager issues ominous warning about Tesla: 'The valuation is incomprehensible'
A Swedish billionaire and hedge fund manager named Christer Gardell recently gave investors a dire warning: Tesla's valuation is poised to crash — and soon. Teslarati shared the details of Gardell's recent interview, which he conducted with finance news channel EFN. While Tesla is currently valued in the hundreds of billions, Gardell opined that this number is overinflated and can't hold forever. "The valuation is incomprehensible," he said. And considering the controversy and corresponding plunge in sales as a result of CEO Elon Musk's U.S. political involvement, Gardell said that a crash is almost certainly coming — possibly quite soon. "Tesla, especially now with the whole Musk circus going on everywhere, is probably the most expensive stock on the global stock exchanges right now," he said. "It could go down 95% – and maybe it should go down 95%." When asked about the time period that he anticipated for these changes, Gardell said: "It's always hard to say when. It could happen in a month, six months, a year, three years, or five years — it's impossible to answer." Tesla has introduced both AI and robotics into its portfolio, Teslarati explains, but it is still primarily a car maker — which is part of the reason that Gardell warns its valuation is far too high. For context, the other top automakers have valuations less than one-third of Tesla's, per Companies Market Cap. A true market crash could cause a wave of ripple effects. If investors become wary of backing the future-facing sustainable technologies like the ones at Tesla's, that could significantly hamper progress toward a cleaner future. That said, the issues with Tesla's sales numbers and valuation concerns are not rooted in its EV and battery tech being clean; in fact, that's a big reason why the company has been successful and deserves a strong value. The bigger issues are rooted in the aforementioned controversies Musk is at the center of, among other factors one could consider more typical for a company to face, such as recent recalls. Do you think Tesla's vehicles have lost some of their appeal? Definitely No way Some models — but not others For some drivers — but not others Click your choice to see results and speak your mind. For consumers looking at buying a Tesla, volatile and plummeting stocks may not be all bad news. Tesla has already been forced to adjust its financing and interest rates in order to entice buyers to move on their newer Cybertrucks, whose sales have been lagging. While Musk claimed that they would easily sell 500,000 units per year, so far sales are barely hitting 10% of that number. This may continue to lead to lowered prices and better financing deals not just at Tesla but potentially from competitors as well to keep up. Globally, the electric vehicle market is still surging as buyers opt for the long-term affordability and ease of EV ownership. In fact, Q4 of 2024 saw a new record for EV sales set in the U.S., per data from Cox Automotive. And fortunately for anyone looking to make the switch to an EV, there are plenty of affordable and reliable options from several other automakers, many of whom joined the EV race years ago to follow in Tesla's footsteps. And they've seen success; while Tesla still holds a top-two spot among EV makers worldwide, per the Motley Fool, the competition is working hard to catch up. For investors, Gardell advises, it may be wise to turn toward European stock markets instead. "The difference between American stocks and European stocks has never been greater," he said. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
