Technology giants Apple and Microsoft continue to be the two largest companies in the world in terms of market value at the end of July, with the rise in technology shares this year.

With hopes of opening up to new markets and expectations that the US will increase interest rates more moderately, Apple achieved a historic success last month, increasing its market value to over $3 trillion, becoming the first company in the world to reach this figure. Other tech companies also showed strong performances, boosting overall market sentiment. For example, quarterly earnings from companies like Alphabet, Meta Platforms, Intel and Lam Research attracted investor attention and boosted their market value.

Top 10 most valuable companies in the world:

Apple: $3.08 trillion

Microsoft: $2.49 trillion

Saudi Aramco: $2.09 trillion

Alphabet: $1.67 trillion

Amazon: $1.37 trillion

Nvidia: $1.15 trillion

Tesla: $848.8 billion

Meta: $819.8 billion

Berkshire Hathaway: $769.8 billion

Visa: $483.9 billion