apple (AAPL+0.61%)teeth best managed company In the United States, according to a new ranking from the Wall Street Journal.
Of the 250 companies, Nvidia (NVDA-2.11%) came in second place, followed by Microsoft (MSFT-0.05%), Intel (INTC0.00%), MasterCard (Ma+0.07%) Rounding out this year’s top five. Developed by the Drucker Institute, the ranking measures the effectiveness of business operations in five areas: customer satisfaction, employee engagement and development, innovation, social responsibility, and financial strength.
This year, Apple and Nvidia dethroned Microsoft from the top spot it had held for the past four years.
Apple ranked high for innovation and financial strength. Nvidia also ranks first in financial strength and second in employee engagement. The two companies have been competing neck and neck for the title of the world’s most valuable company.
Apple’s market capitalization currently stands at $3.67 trillion. Nvidia was valued at $3.49 trillion as of Friday’s market close. The chipmaker’s stock is up almost 200% this year as demand for AI chips soars, fueled by artificial intelligence. This compares to 30% for Apple.
Microsoft has also seen healthy growth this year, with its stock price up about 20% and its market capitalization at $3.3 trillion. The company also ranks near the top in terms of innovation and financial strength.
Inter, on the other hand, had an eventful year. Intel ranked as the 4th best-run company in the country kicked out the CEO Pat Gelsinger was unable to turn the company around last week.
In August, Intel announced Plan to save $10 billion in 2025. This includes cutting approximately 15,000 jobs, or 15% of the company’s workforce. Gelsinger said at the time that these were the “most significant changes” in the company’s history.
Intel has also been reported Employs Morgan Stanley and other advisors According to CNBC, it helps fend off potential activist investors (CMCSA-5.08%).
Early last month, Intel deleted This is to create room for Nvidia to enter the index as the index shifts from the Dow Jones Industrial Average, which is made up of 30 leading American stocks, to AI pioneers.
Despite this, Intel was ranked 1st out of 250 companies in social responsibility and 2nd in customer satisfaction.
