In this article, we discuss 5 of the biggest global tech companies by market cap. If you want to see more of the biggest global tech companies by market cap, go directly to 15 Biggest Global Tech Companies by Market Cap.
5. Tesla, Inc. (NASDAQ:TSLA)
Market Capitalization as of 10/29: $710.92 billion
Number of Hedge Fund Holders: 72
Tesla, Inc. (NASDAQ:TSLA) is one of the world’s most valuable companies with a market capitalization of $710.92 billion despite CEO Elon Musk having recently taken over ownership of Twitter while also running SpaceX at the same time. Although its shares are very highly valued, Tesla, Inc. (NASDAQ:TSLA) potentially succeeding in robots or autonomous driving could help profits in the long term. Whether that happens depends on how well Musk and Tesla, Inc. (NASDAQ:TSLA) does in terms of innovating.
4. Amazon.com, Inc. (NASDAQ:AMZN)
Market Capitalization as of 10/29: $1.053 trillion
Number of Hedge Fund Holders: 252
Amazon.com, Inc. (NASDAQ:AMZN) is the fourth most valuable tech company in the world given its market capitalization of $1.053 trillion as of 10/29. Although it started off as just a book seller, Amazon.com, Inc. (NASDAQ:AMZN) has steadily expanded into many different other e-commerce products and also sectors such as cloud computing. If Amazon.com, Inc. (NASDAQ:AMZN) continues innovating and expanding successfully, the company has more growth in the future despite near term headwinds.
3. Alphabet Inc. (NASDAQ:GOOG)
Market Capitalization as of 10/29: $1.256 trillion
Number of Hedge Fund Holders: 153
Alphabet Inc. (NASDAQ:GOOG) is one of the leading tech companies in the world given its dominant search market share along with its very popular YouTube website. As of 10/29, Alphabet Inc. (NASDAQ:GOOG) had a market capitalization of $1.256 trillion, ranking it #3 on our list of 15 Biggest Global Tech Companies by Market Cap. Although shares of the stock are down 33.25% due to the broader market weakness and near term headwinds, Alphabet Inc. (NASDAQ:GOOG) has substantial growth opportunities if it successfully develops AI.
2. Microsoft Corporation (NASDAQ:MSFT)
Market Capitalization as of 10/29: $1.759 trillion
Number of Hedge Fund Holders: 258
Microsoft Corporation (NASDAQ:MSFT) is the second most valuable tech company in the world with a market capitalization of $1.759 trillion. Although it is best known for making PC operating systems, Microsoft Corporation (NASDAQ:MSFT) has realized substantial profits from productivity software and cloud services. With the continued development in AI, there’s potential for productivity software and cloud services to be even more useful, and also potential for Microsoft Corporation (NASDAQ:MSFT) to realize even more demand for its products if it continues innovating.
1. Apple Inc. (NASDAQ:AAPL)
Market Capitalization as of 10/29: $2.502 trillion
Number of Hedge Fund Holders: 128
Apple Inc. (NASDAQ:AAPL) ranks #1 on our list of 15 Biggest Global Tech Companies by Market Cap given its market capitalization of $2.502 trillion. While Apple Inc. (NASDAQ:AAPL) still depends on the iPhone for a substantial part of its profits, Apple Inc. (NASDAQ:AAPL) has grown its services revenue substantially over the past 10 years as a way to diversify its business. In the future, AR/VR products and autonomous cars could also help diversify Apple if the company is successful.
You can also take a look at 15 Biggest Dow Companies By Market Cap and 12 Best Ethical Stocks To Buy Now.
