A striking comparison where the combined market cap of the top 50 non-U.S. companies ($13.3 trillion) nearly matches the $13.81 trillion of just four U.S. giants (Nvidia, Microsoft, Apple, Amazon), reflecting the U.S.'s outsized dominance in global tech, supported by a 2023 McKinsey report showing U.S. firms hold 70% of the world's top tech market value.
This disparity challenges the narrative of a balanced global economy, as data from the World Bank's 2025 Global Economic Prospects indicates non-U.S. growth is projected to slow to 2.3%, potentially widening the gap due to weaker external demand and trade tensions.
The inclusion of Shopify ($264 billion from Canada) in the top 50, per Yahoo Finance data, underscores a rare non-U.S. tech success, though its global operations suggest even this achievement partly reflects U.S. market influence.