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The Indian Express

⇱ World’s Most Valuable Companies 2026: Nvidia Leads Above US$4 Trillion, Alphabet Overtakes Apple for No. 2


World’s top 10 valuable companies of 2026: The world’s largest companies, considered the backbone of the global economy, are navigating geopolitical tensions and economic uncertainty to lead as the most valuable firms.

On Wednesday, Alphabet, Google’s parent company, overtook Apple in terms of market capitalisation for the first time since 2019, making it the world’s second-largest company by market cap.

It saw a rise of more than 2 per cent to a market value of $3.89 trillion on Wednesday, according to Dow Jones Market Data.

Apple, which surpassed Microsoft to join the exclusive $4 trillion club last October, closed at a market cap of $3.85 trillion on Wednesday, down by more than 4 per cent over the past five days.

Meanwhile, Nvidia continues to lead as the most valuable company in the world, with a market value of over $4 trillion, a historic feat it achieved in 2024.

While the majority of these largest companies are from the technology sector and based in the United States, the list also features Saudi Aramco, headquartered in Saudi Arabia, a leader in the oil industry, and TSMC, a Taiwanese semiconductor powerhouse.

Rounding up, Tesla, which maintained its position at No. 10 after its comeback in the list last year, now has a market cap of $1.449 trillion in 2026.

Source: companiesmarketcap.com

Note: Market capitalisation is dynamic and varies with the share price of a firm. It might change dramatically over time or even from day to day, with the aforementioned market capitalisation noted as of January 9, 2026.

Reliance Industries remains the largest Indian company by market capitalisation in 2026.

However, it has slipped further in the rankings, falling from 73rd place last year to 77th with a market cap of $221.46 billion as of January 9, 2026.