US firms lead global markets amid AI boom

Vieved in Forbes

Forbes’ annual Global 2000 ranking highlights the U.S. dominance in global markets, with JPMorgan at the top.

Despite high prices and mortgage rates, the U.S. economy remains resilient, attracting investors. The number of U.S.-based firms on the list has grown to 621, while China and Hong Kong’s representation has decreased.

Sales, profit, assets and market value

Nvidia has made significant strides, nearing the top 100. The Global 2000 ranks companies based on sales, profit, assets, and market value, accounting for $88 trillion in market value collectively. JPMorgan leads with over $4 trillion in assets, while Berkshire Hathaway and Amazon also feature prominently.

India and China

The U.S. economy shows resilience, with consumers still spending and expectations of a soft landing. China’s representation has declined due to an ongoing real estate crisis, while India has risen, placing 71 companies on the list.

Pfizer and Moderna saw significant declines post-Covid, while semiconductor companies like Nvidia surged. Newcomers include Super Micro Computer and GE Vernova, reflecting the booming AI sector.

Overall

The Global 2000 illustrates a dynamic shift in global economic power, with the U.S. at the forefront, driven by strong markets and technological advancements.

Why we selected this article: The Forbes Global 2000 list is a preferred resource highlighting leading organizations worldwide for many of our customers.

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