According to a new study by CEOWORLD Magazine, Microsoft has been ranked as the world’s largest company in terms of market cap. Market cap refers to the total dollar market value of a company’s outstanding shares of stock. The study also listed other large companies, including Apple, Saudi Arabian Oil Company, Amazon, and Alphabet Inc.
Some U.S. companies from last year’s list maintained their rankings, while others secured spots on this year’s list. The ranking includes companies from 12 different countries, with a total revenue of $29.63 trillion. This shows the dominance of U.S. companies in the global market and the overall revenue generated by the top 50 global companies.
The study by CEOWORLD Magazine provides valuable insight into the financial performance of leading companies around the world. It serves as a useful resource for investors and business leaders looking to stay up-to-date on the latest trends and developments in the global economy.