US-based companies dominate the list of the top 100 most valuable companies, as compiled by auditing and investment firm Ernst & Young (EY).

In a press release issued today, Friday, EY revealed that American tech giants Apple, NVIDIA, and Microsoft were the world's most valuable companies by the end of 2024.

According to a study conducted by EY:
- Apple’s market capitalization reached approximately 3.78 trillion dollars as of December 31, 2024.
- NVIDIA was valued at 3.28 trillion dollars.
- Microsoft reached a market value of 3.13 trillion dollars.

The study highlighted the dominance of US companies, which accounted for 62 out of the top 100 companies.

Notably, no European company made it into the top 10, while only three companies from Europe’s economic powerhouse, Germany, managed to secure a spot in the top 100. These were:
- The software giant SAP.
- The technology leader Siemens.
- The telecommunications company Deutsche Telekom.