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aramco

ECONOMY-FINANCE

As a result of the tech sell-off, Apple loses its position as the most valuable company.

As a result of a widespread sell-off in technology stocks, Apple has lost its position as the world's most valuable company. For the first time in nearly two years, Saudi Arabian oil and gas producer Aramco has reclaimed the number one spot from Apple. Investors have been selling shares in technology companies as they seek less risky investments.

  2 months ago ago
As a result of the tech sell-off, Apple loses its position as the most valuable company.

ECONOMY-FINANCE

Apple loses position as most valuable firm amid tech sell-off

Apple has lost its situation as the world's most important organization in the midst of an expansive auction of innovation stocks. Saudi Arabian oil and gas maker Aramco has recovered the best position from the iPhone creator without precedent for just about two years. Financial backers have been selling partakes in innovation firms as they move into what they see as safer resources.

  2 months ago ago
Apple loses position as most valuable firm amid tech sell-off

TECHNOLOGY

Top ten most valuable companies in the world right now

ARAMCO is an acronym which stands for, ARABIAN AMERICAN OIL COMPANY. It is the official Saudi Arabian oil company headquartered in Dhahran, Saudi Arabia. This multinational petroleum and gas company has been able to maintain its prominence in the world of business based on the fact that most of the world’s energy needs are still dependent on the oil and gas industry. It is mostly owned by the Government of Saudi Arabia(around 99%). ARAMCO reported 330 billion USD revenue in 2019 making undoubtedly a wealthy

  1 year ago ago
Top ten most valuable companies in the world right now