World’s top 10 firms gain nearly $4.2T amid Middle East war

The total market value of the world’s top 10 most valuable firms surged 16.69% or by $4.183 trillion, reaching $29.24 trillion since the start of the war in Iran in late February, Anadolu Agency reports. The world’s leading companies’ market values were fluctuating prior to the US and Israel’s joint attacks against Iran on Feb. 28. As of the end of March, the total market cap of the top 10 firms fell 4.3% or by $1.077 trillion over the one-month period versus the market close prior to the tensions, falling to $23.98 trillion. Major investment banks’ recommendations to buy and expectations over artificial intelligence (AI) investments drove the market value of these firms especially amid geopolitical tensions reportedly easing, bringing [...]
2026-05-11 15:47:42