After Nvidia took the lead in breaking through the market value of US$4 trillion, Microsoft became the second listed company in the world to have a market value of US$4 trillion. Judging from the list of total market value rankings, the top three listed companies in the world’s total market value are Nvidia, Microsoft and Apple, which are converted into RMB. These three listed companies also have market value of more than RMB 20 trillion.

Judging from the top ten lists in total market value, technology stocks in the US still dominate. After Apple, Amazon, Google, and Meta followed closely behind. As Meta released its latest financial report, its total market value once hit the $2 trillion mark.

After the market trading on Wednesday, July 30, Eastern Time, Microsoft and Meta released the latest financial report data one after another. Judging from the financial report data of the two technology giants, both exceeded market expectations.

Taking Microsoft as an example, the market predicts that Microsoft’s revenue growth rate in Q4 will be 14.08% and earnings per share will be 14.56%. However, according to the latest financial report, Microsoft’s revenue growth rate has reached 18.10%, and earnings per share will be as high as 23.73%, both exceeding market expectations. Among them, Microsoft’s smart cloud business revenue increased by 26% year-on-year, far exceeding the estimated value. After the release of Microsoft’s financial report data, the stock price once rose by more than 8%, and the total market value once exceeded US$4 trillion.

Another technology giant, Meta, has also performed well this year’s latest financial report. Among them, the market expects Meta’s revenue growth rate to be 14.75% and its earnings per share to be 14.38%. However, according to the latest data, Meta’s revenue growth rate is as high as 21.61% and its earnings per share to be as high as 38.37%, both far exceeding market expectations. Among them, in the advertising business, Meta continued to maintain rapid growth, and its stock price once rose by more than 12% after the market, and the market gave optimistic expectations.

Under the influence of Microsoft and Meta’s outstanding financial reports, the Nasdaq Index once again hit a record high. As of now, the valuations of the three major U.S. stock indexes have exceeded 30 times, and the valuation of Nasdaq has also reached about 40 times.