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Global Tech Giants Add USD4.2T in Market Value Amid War on Iran
(MENAFN) The combined market value of the world’s 10 most valuable companies has risen sharply by about $4.183 trillion, increasing 16.69% to reach approximately $29.24 trillion since the escalation of conflict in Iran in late February.
According to reported market data, valuations of leading global firms were already volatile before joint US and Israeli military actions against Iran intensified on February 28. In the immediate aftermath, markets initially declined, with the total value of the top 10 companies dropping 4.3%—a loss of about $1.077 trillion—by the end of March compared to pre-conflict levels.
However, sentiment shifted in the following weeks. By the end of April, renewed investor optimism—driven largely by strong expectations around artificial intelligence growth and buy-side recommendations from major investment banks—pushed total valuations back up to around $27.862 trillion, a monthly increase of roughly $3.882 trillion.
Momentum continued into May, with the group’s combined market capitalization rising another 4.94%, or about $1.377 trillion, bringing the total to $29.24 trillion as of the latest close.
The report highlights continued dominance by major US technology firms, particularly in the AI and semiconductor sectors. Nvidia set a new valuation record in April, briefly exceeding $5.2 trillion before later fluctuating due to profit-taking, though it subsequently regained the milestone level.
Other major firms also reached historically high valuations. Alphabet approached $4.8 trillion, while Apple surpassed $4.3 trillion. Microsoft followed at over $3 trillion, with Amazon at nearly $2.9 trillion.
Additional companies in the top 10 included Broadcom, TSMC, Saudi Aramco, Tesla, and Meta.
The data reflects a broader trend in global markets where geopolitical uncertainty has coincided with strong investor focus on artificial intelligence, semiconductors, and digital infrastructure growth, driving large-cap tech valuations to unprecedented levels.
According to reported market data, valuations of leading global firms were already volatile before joint US and Israeli military actions against Iran intensified on February 28. In the immediate aftermath, markets initially declined, with the total value of the top 10 companies dropping 4.3%—a loss of about $1.077 trillion—by the end of March compared to pre-conflict levels.
However, sentiment shifted in the following weeks. By the end of April, renewed investor optimism—driven largely by strong expectations around artificial intelligence growth and buy-side recommendations from major investment banks—pushed total valuations back up to around $27.862 trillion, a monthly increase of roughly $3.882 trillion.
Momentum continued into May, with the group’s combined market capitalization rising another 4.94%, or about $1.377 trillion, bringing the total to $29.24 trillion as of the latest close.
The report highlights continued dominance by major US technology firms, particularly in the AI and semiconductor sectors. Nvidia set a new valuation record in April, briefly exceeding $5.2 trillion before later fluctuating due to profit-taking, though it subsequently regained the milestone level.
Other major firms also reached historically high valuations. Alphabet approached $4.8 trillion, while Apple surpassed $4.3 trillion. Microsoft followed at over $3 trillion, with Amazon at nearly $2.9 trillion.
Additional companies in the top 10 included Broadcom, TSMC, Saudi Aramco, Tesla, and Meta.
The data reflects a broader trend in global markets where geopolitical uncertainty has coincided with strong investor focus on artificial intelligence, semiconductors, and digital infrastructure growth, driving large-cap tech valuations to unprecedented levels.
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