Saudi Aramco, On 5/11/22, Became The World’s Most Valuable Company When Its Market Valuation Of $2.43 Trillion Surpassed Apple’s $2.37 Trillion. This Overthrow Comes As Energy Stocks Continue To Rise, With Investors Selling Off Shares In Several Industrial Sectors, E.g., In Technology. Apple Surpassed Saudi Aramco In Valuation In 2020.
Apple slips behind Saudi Aramco to lose spot as most valuable company
Energy prices and stocks have been rising as investors sell off equities in several industries, including technology.