Global Market Capitalization Leaders = USA Stable @ 23 of 30…Technology Stable @ 9 of 30 Rank Market Cap Value ($B) 2019 Company Sector Region 6/7/19B 6/7/16B % Change 1 Microsoft Technology USA $1,007B $410B +146% 2 Amazon Technology USA 888 343 +159% 3 Apple Technology USA 875 540 +62% 4 Alphabet Technology USA 741 497 +49% 5 Berkshire Hathaway Financial Services USA 505 350 +44% 6 Facebook Technology USA 495 340 +46% 7 Alibaba Technology China 402 195 +106% 8 Tencent Technology China 398 206 +93% 9 Visa Financial Services USA 372 192 +94% 10 Johnson & Johnson Healthcare USA 368 318 +16% 11 JPMorgan Financial Services USA 354 239 +48% 12 Exxon Mobil Energy USA 316 371 (15%) 13 Nestlé Food / Beverages Switzerland 306 230 +33% 14 Walmart Retail USA 303 221 +37% 15 ICBC Financial Services China 285 224 +27% 16 Procter & Gamble Home Goods USA 273 220 +24% 17 Mastercard Financial Services USA 271 106 +156% 18 Bank of America Financial Services USA 262 149 +76% 19 Royal Dutch Shell Energy Netherlands 259 198 +31% 20 Samsung Technology South Korea 249 166 +50% 21 Disney Media USA 248 160 +55% 22 Cisco Technology USA 239 146 +64% 23 Pfizer Pharmaceuticals USA 238 212 +12% 24 AT&T Telecom USA 237 242 (2%) 25 Verizon Telecom USA 237 207 +15% 26 UnitedHealth Healthcare USA 235 131 +79% 27 Roche Healthcare Switzerland 233 224 +4% 28 Chevron Energy USA 231 191 +21% 29 Coca-Cola Food / Beverages USA 220 196 +12% 30 Home Depot Retail USA 217 161 +35% Total $11,264 $7,385 USA stable at 23 of 30 refers to the fact that 21 USA companies were in the top 30 using same parameters in 2018. Technology in 2018 = 10 of 30. Source: CapitaIIQ data collected 6/7/19. Reflects a global list of publicly traded companies, some companies (e.g., ICBC) derive the majority of their revenue from one country. Internet Trends 13 2019