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World's Top 10 Companies Gain USD4.18T in Value Since Iran War
(MENAFN) The combined market capitalization of the world's ten most valuable companies has surged 16.69% — equivalent to $4.183 trillion — since hostilities in Iran erupted in late February, lifting the group's total valuation to $29.24 trillion.
Market sentiment was already unstable before the United States and Israel launched coordinated strikes against Iran on Feb. 28. By the close of March, the collective market cap of these ten giants had shed $1.077 trillion — a 4.3% drop — falling to $23.98 trillion compared to pre-conflict levels.
April marked a dramatic reversal. Bullish guidance from major investment banks, coupled with mounting optimism around artificial intelligence spending and signs of easing geopolitical pressure, propelled the group's total valuation to $27.862 trillion — a monthly jump of 16.19%, or $3.882 trillion.
The rally extended into May. As of the most recent market close on May 8, valuations climbed an additional 4.94% — or $1.3775 trillion — bringing the cumulative total to $29.24 trillion.
Nvidia emerged as the standout performer, setting an all-time record in April with a market cap of $5.229 trillion — crossing the $5 trillion mark despite having shed $67.797 billion in March. Although profit-taking briefly pushed the chipmaker below that threshold toward month's end, it subsequently recovered and reclaimed it.
Alphabet ranked second with a valuation of $4.834 trillion, while Apple came in third at $4.309 trillion — both firms crossing the $4 trillion threshold. Microsoft followed in fourth place at $3.084 trillion, ahead of Amazon at $2.933 trillion, Broadcom at $2.036 trillion, TSMC at $1.89 trillion, Saudi Aramco at $1.769 trillion, Tesla at $1.609 trillion, and Meta at $1.5475 trillion.
Among the notable movers, Saudi Aramco added $158 billion in market value over the period, while Tesla gained $98.373 billion. Meta was the sole decliner in the group, erasing $92.62763 billion from its valuation.
Measured by percentage gain since the outbreak of the war, Broadcom led all firms with a 34.38% surge, followed by Amazon at 30.12% and Alphabet at 28.24%.
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