Apple has reaffirmed its status as the most valuable company in California and the entire United States by exceeding a market cap of $3 trillion. The tech giant narrowly outpaces Microsoft, which is valued at $2.79 trillion. Meanwhile, the healthcare industry dominates the list of the most valuable companies in various states, with healthcare giants like Humana, UnitedHealth, CVS Health, Johnson & Johnson, and Thermo Fisher Scientific claiming the top spots in their respective states.
Several financial companies also rank among the largest in their home states, with banking giants like JP Morgan Chase, Berkshire Hathaway, and Bank of America leading the way. The tech sector is also well-represented, with companies like Tesla, Micron, and Marvell Technology claiming the top spots in their home states. Finally, retail behemoths like Walmart, Home Depot, and Procter & Gamble also make the list, showcasing the diverse industries that drive the economy across the country.
Interestingly, Tesla, despite relocating from California to Texas in 2021, remains the most valuable company in the Lone Star State, while other states like Oregon and Pennsylvania have dominant businesses like Nike and Comcast Corporation, respectively. This diverse mix of industries and companies reflects the complex and multifaceted nature of the US economy.