Global Price disconnect

SK hynix

Market Cap: ₩729.8t

Research, develops manufactures, and sells semiconductor devices in Korea, China, rest of Asia, the United States, and Europe.

Roche Holding

Market Cap: CHF 252.5b

Engages in the pharmaceuticals and diagnostics businesses in Europe, North America, Latin America, Asia, Africa, Australia, and New Zealand.

Novartis

Market Cap: CHF 232.3b

Researches, develops, manufactures, distributes, markets, and sells pharmaceutical medicines in Switzerland and internationally.

Shell

Market Cap: UK£195.3b

Operates as an energy and petrochemical company in Europe, Asia, Oceania, Africa, the United States, and other parts of the Americas.

AT&T

Market Cap: US$184.8b

Provides telecommunications and technology services worldwide.

Gilead Sciences

Market Cap: US$172.5b

A biopharmaceutical company, discovers, develops, and commercializes medicines in the areas of unmet medical need in the United States, Europe, and internationally.

Anheuser-Busch InBev

Market Cap: €124.6b

Produces and sells beer in North America, Middle Americas, South America, Europe, the Middle East, Africa, and the Asia Pacific.

Uber Technologies

Market Cap: US$143.6b

Develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

China Life Insurance

Market Cap: HK$1.1t

Operates as a life insurance company in the People’s Republic of China.

AppLovin

Market Cap: US$132.0b

Provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally.

Zijin Mining Group

Market Cap: CN¥878.8b

Engages in the exploration, mining, processing, refining, and sale of gold, non-ferrous metals, and other mineral resources in Mainland China and internationally.

Investor

Market Cap: SEK 1.1t

A private equity firm specializing in mature, middle market, buyouts and growth capital investments.

Enbridge

Market Cap: CA$164.0b

Operates as an energy infrastructure company.

GSK

Market Cap: UK£86.7b

Engages in the research, development, and manufacture of vaccines, specialty medicines, and general medicines to prevent and treat disease in the United Kingdom, the United States, and internationally.

BNP Paribas

Market Cap: €99.4b

Provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Progressive

Market Cap: US$113.6b

Operates as an insurance company in the United States.

Zurich Insurance Group

Market Cap: CHF 82.1b

Provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific.

Comcast

Market Cap: US$100.5b

Operates as a media and technology company worldwide.

Intuit

Market Cap: US$97.1b

Provides financial management, payments and capital, compliance, and marketing products and services in the United States.

Adobe

Market Cap: US$91.1b

Operates as a technology company worldwide.

FedEx

Market Cap: US$89.3b

Provides transportation, e-commerce, and business services in the United States and internationally.

ING Groep

Market Cap: €71.0b

Provides various banking products and services in the Netherlands, Belgium, Germany, rest of Europe, and internationally.

Barclays

Market Cap: UK£60.4b

Provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia.

Automatic Data Processing

Market Cap: US$76.0b

Provides cloud-based human capital management (HCM) solutions worldwide.

Cigna Group

Market Cap: US$71.5b

Provides insurance and related products and services in the United States.

DoorDash

Market Cap: US$66.3b

Operates a commerce platform that connects merchants, consumers, and dashers in the United States and internationally.

NatWest Group

Market Cap: UK£48.8b

Provides banking and financial products and services in the United Kingdom and internationally.

China CITIC Bank

Market Cap: CN¥437.5b

Provides various banking products and services in the People’s Republic of China and internationally.

Phillips 66

Market Cap: US$63.9b

Operates as an integrated downstream energy provider in the United States, the United Kingdom, Germany, and internationally.

Travelers Companies

Market Cap: US$63.2b

Through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States, Canada, and internationally.

UCB

Market Cap: €52.3b

A biopharmaceutical company, develops products and solutions for people with neurology and immunology diseases worldwide.

Manulife Financial

Market Cap: CA$84.5b

Provides financial products and services in the United States, Canada, Asia, and internationally.

BASF

Market Cap: €47.5b

Operates as a chemical company worldwide.

Allstate

Market Cap: US$54.5b

Provides property and casualty, and other insurance products in the United States and Canada.

Entergy

Market Cap: US$53.3b

Engages in the production and retail distribution of electricity in the United States.

SK Square

Market Cap: ₩76.6t

Invests in semiconductor, and information and communication technologies in South Korea, China, Asia, the United States, and Europe.