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Race to $ 4 trillion : Math predicts the first company to reach $ 4 trillion valuation
BestBrokers forecasts which of the current trillion-dollar giants might be the first to cross the $ 4 trillion milestone .
Nvidia became the third company to surpass the $ 3 trillion mark after Apple and Microsoft – at one point claiming the title of the world ’ s most valuable company with its market cap reaching an astounding $ 3.34 trillion fuelled by the booming AI market .
Inspired by Nvidia ’ s success , which was little known outside of tech circles just two years ago , the team at BestBrokers set out to forecast which of the current trillion-dollar giants might be the first to cross the $ 4 trillion milestone .
The team took their market capitalisations as of July 29 , 2024 , and projected future values based on their historical average growth rates since 2022 .
The calculations revealed that among the current trillion-dollar club members , Nvidia is the only company on track to achieve a $ 4 trillion market cap within the next year – despite a sudden drop in its shares as fears of a recession triggered a global market sell-off .
Meanwhile , Microsoft and Apple are projected to reach this milestone by 2026 – well before Google which is not expected to reach this valuation until mid-2031 .
Though Nvidia emerges as is the frontrunner , BestBrokers acknowledges the possibility of a lesserknown company surprising the market and become the first to reach a $ 4 trillion valuation – pointing out that few would have predicted Nvidia ’ s remarkable surge back in 2022 , considering its market cap was only $ 364.18 billion then .
The BestBroker calculations show that Microsoft is likely to be the second company to reach a $ 4 trillion valuation . With a current market cap of $ 3.16 trillion
24 INTELLIGENTCIO LATAM www . intelligentcio . com