The total value of the world's 100 most expensive listed companies rose massively in the 2025 financial year. Switzerland is still represented three times in the ranking with Roche, Nestlé and Novartis. +Get the most important news from Switzerland in your inbox The cumulative stock market value of the 100 most expensive companies rose to a new record total of $54.4 trillion (CHF43.4 trillion) last year thanks to the AI boom and despite the persistently difficult economic and political situation, consulting firm EY said on Tuesday. This is 23% above the level at the end of 2024. In continental terms, Asian companies recorded the strongest growth in value, followed by US and European companies. At the end of the year, Nvidia (market capitalisation of around $4.5 trillion) was in the lead, ahead of Apple (just over $4 trillion) and Alphabet (just under $3.8 trillion). The oil company Saudi Aramco was the first non-US company in the top ten with a market value of $1.5 trillion, while ...
