live 'Hormuz cannot be seized by tweet,' Iranian official says after Trump threats
U.S. President Donald Trump's threats to make the Strait of Hormuz part of U.S. territory have been mocked by Iran's Deputy Foreign Ministe...
Apple has been named the most valuable brand in the world, with an estimated brand value of USD 574.5 billion, according to Brand Finance’s latest report. The tech giant, which experienced an 11% increase in brand value from 2024, holds a commanding lead over second-placed Microsoft, valued at USD 461.1 billion.
Technology Brands Dominate Rankings
The report highlights the dominance of technology brands in the global market. Four of the top five most valuable brands belong to the tech sector:
1. Apple: USD 574.5 billion (+11% from 2024)
2. Microsoft: USD 461.1 billion (+35%)
3. Google: USD 413.0 billion (+24%)
4. Amazon: USD 356.4 billion (+15%)
5. Walmart: USD 137.2 billion (+42%)
NVIDIA's Breakthrough and High-Growth Brands
Semiconductor giant NVIDIA entered the top ten for the first time, reflecting its meteoric rise in brand value. With a valuation of USD 87.9 billion, up from just USD 4.7 billion in 2020, NVIDIA’s growth underscores the increasing importance of advanced technologies like artificial intelligence and graphics processing in the global economy.
Other brands showing remarkable growth since 2020 include TikTok/Douyin, which grew 79% over four years to a value of USD 105.8 billion, and semiconductor companies AMD and TSMC, which saw their values skyrocket as demand for cutting-edge chips surged.
The Most Rapidly Growing Brands
Brand Finance also spotlighted several brands with extraordinary growth since 2020:
1. DraftKings: USD 5.1 billion (up from USD 18 million)
2. FanDuel: USD 7.0 billion (up from USD 56 million)
3. NVIDIA: USD 87.9 billion (up from USD 4.7 billion)
4. AMD: USD 11.0 billion (up from USD 1.4 billion)
5. BYD: USD 14.0 billion (up from USD 3.1 billion)
The rise of online gambling brands like DraftKings and FanDuel reflects the legalization of online betting in more U.S. states. Meanwhile, the semiconductor sector's rapid expansion, led by NVIDIA, AMD, and TSMC, highlights the industry's critical role in enabling technological innovation.
Key Takeaways
Apple’s leadership in brand value showcases its sustained influence and innovation, while Microsoft and other tech giants demonstrate remarkable growth amid expanding digital transformation. NVIDIA’s entry into the top ten underscores the growing impact of the semiconductor industry in shaping the future of global technology.
Flights at Catania airport in Sicily will remain suspended until early Friday as ash from Mount Etna continues to disrupt air travel, following hundreds of cancellations and diversions over the past week.
Hundreds of flights have been cancelled or rerouted at Catania Airport over the past week as ash from Mount Etna’s ongoing eruption continues to disrupt air travel in Sicily.
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over the strategic waterway and insisting it will not reopen until Washington fulfils its commitments under an interim deal.
The U.S. will impose unprecedented measures on Iran in order to economically isolate the country, U.S. Treasury Secretary Scott Bessent has said.
One person has been killed and six others injured after an explosion at a petroleum storage facility at the Port of Rotterdam, prompting an investigation into the cause.
Online fast-fashion platform Shein lost a London copyright lawsuit against rival Temu on Thursday over photographs used to promote some products.
Norway’s $2.3 trillion sovereign wealth fund has revealed a 0.05 per cent stake in SpaceX worth $1.22 billion, marking its first reported holding in Elon Musk’s space company.
U.S. data analytics firm Palantir Technologies has reported a 93 per cent year-on-year jump in second-quarter revenue, even as the company faces continued criticism over its work with Israel's military and allegations linking its technology to the war in Gaza.a.
Rising trade across the Caspian Sea is strengthening Georgia’s role as a logistics hub and could help the country develop higher-value industries, according to the Asian Development Bank (ADB).
Ford raised its full-year earnings forecast after reporting stronger-than-expected second-quarter adjusted profit, as resilient demand for its vehicles and operational improvements helped offset tariff-related costs.
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