German companies lose in the AI ranking: only three make it!
German companies lose in the AI ranking: only three make it!
In the current ranking of the world's most valuable stock market groups, only three German companies are represented. As the Schwäbische , these are SAP, Siemens and Deutsche Telekom. Important findings of a study by EY show that US tech corporations dominate ranking and have a total of 62 of the 100 most valuable companies in the USA, including giants such as Apple, Alphabet, Amazon and Meta.
Apple leads the ranking with an impressive market value of around $ 3.78 trillion (as of December 31, 2024), followed by Nvidia ($ 3.28 trillion) and Microsoft ($ 3.13 trillion). It is striking that the German SAP, which benefits from the AI boom, has reached the 32nd place with a market value of $ 285 billion. Siemens occupied 94 with $ 153 billion, while Deutsche Telekom ranks 98th with $ 147 billion. Compared to the US corporations, German companies are significantly less worth; Apple is almost twice as much as all 40 DAX groups together.
decline of European companies
The market capitalization of the 100 most valuable companies amounts to almost $ 39.9 trillion, as well as Telepolis notes. The market value of these companies has increased by 27 percent since March 31, 2023. The value of the top 100 companies has almost doubled in the past five years and has an average annual growth rate of 14 percent. Companies in the field of artificial intelligence in particular have recorded a considerable growth of almost 50 percent, which they lifted beyond other technology companies.
The data also show that eight of the ten most valuable companies come from the USA and that nine of the ten companies with the highest growth also come from the USA compared to 2023. The proportion of US companies in market capitalization rose from 67 percent in the previous year to $ 28.8 trillion), while Europe only contributed $ 12 percent ($ 4.8 trillion). The number of German companies among the 300 most valuable on the stock exchange has also dropped to five, which represents a significant decline of eleven in 2023.
-transmitted by West-Ost-Medien
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