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Saudi Aramco’s 2023 profits ($121B) outshine Tesla, Nvidia, Amazon, and Meta combined. Oil still reigns supreme in the global economy💰
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A Harvard study shows founder-led companies have a much better stock performance compared to stocks led by a CEO without relation to its founding. Their data showed 10 year average annual EPS growth in the following order: Nvidia: 51.6% Tesla: 48.6
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As of 2024, the top 20 companies by market valuation are: 1. **Microsoft**: $3.32 trillion 2. **Apple**: $3.23 trillion 3. **Alphabet (Google)**: $2.27 trillion 4. **Saudi Aramco**: $2.11 trillion 5. **Amazon**: $1.61 trillion 6. **Nvidia**: $1.48 t
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