When it comes to global stock markets, the U.S. equity market is the largest, deepest, and most efficient. In fact, U.S. stocks make up 41.6% of the global equity market cap, which is nearly $49 trillion. This is more than three times larger than the next largest market. Over the past decade,

U.S. stocks have grown by more than 4% a year and have peaked at 42.0% in 2021.

List of the world’s largest companies by market capitalization

The world’s largest companies by market cap are determined by a calculation based on share price and number of outstanding shares. Prior to the recent rise of technology companies like Tencent and Xiaomi, Japanese-based companies dominated this list. However, as the US dollar has strengthened, American firms have taken over the top spot. Below is a list of the top 10 companies in terms of market cap. But how do you get …