As of August 2024, global stock markets are being driven by a mix of technological innovation, economic shifts, and changing consumer behaviors. Here’s a roundup of some of the best-selling stocks across the world, along with their current values and the factors influencing their performance.

1. Nvidia (NVDA)

Nvidia remains at the forefront of the global stock market, particularly driven by the ongoing boom in artificial intelligence (AI). The company’s stock has experienced some volatility, especially as investors rotate out of big tech stocks, but it continues to be a market leader. Despite a recent dip, Nvidia’s shares are still up significantly over the past year, with the stock trading at around $450 per share. The company’s upcoming earnings report is highly anticipated, as it will provide further insight into the sustainability of its growth amidst AI-driven demand.

2. Walmart (WMT)

Walmart has been a standout performer in the retail sector, benefiting from a shift in consumer behavior due to inflationary pressures. As consumers prioritize value, Walmart’s revenue has been bolstered by increased foot traffic, particularly from higher-income shoppers who are feeling the pinch of elevated prices. The stock is trading at approximately $160 per share, with expectations of continued strong performance as economic uncertainty drives more shoppers to seek out value.

3. Pfizer (PFE)

Pfizer has seen a resurgence in its stock price, trading around $38 per share. This rebound comes after the company posted better-than-expected Q2 financial results and improved sales of its COVID-19 antiviral pill, Paxlovid. The pharmaceutical giant has also benefited from cost-cutting measures, which have helped stabilize its revenue and profit margins despite broader challenges in the healthcare sector.

4. Apple (AAPL)

Apple continues to be one of the most valuable companies globally, with its stock trading at around $185 per share. The company’s sustained growth is driven by strong sales across its product lines, including iPhones, wearables, and services. Apple’s ecosystem remains a strong draw for consumers, and its recent foray into mixed-reality devices could pave the way for future growth.

5. Home Depot (HD)

Home Depot faces challenges from a cooling housing market and reduced consumer spending on big-ticket items, but it remains a significant player in the global stock market. Its stock is currently trading at about $320 per share. The company’s performance is closely watched as an indicator of the broader health of the U.S. economy, particularly in relation to consumer spending and home improvement trends.

6. Chipotle Mexican Grill (CMG)

Chipotle has managed to stay relevant despite economic headwinds, with its stock trading around $1,950 per share. The company’s innovative approach to menu offerings and its strong brand have helped it navigate through challenges, including consumer concerns about portion sizes and recession fears.

These stocks represent a diverse array of sectors, from technology and retail to healthcare and food services. Each is navigating its own unique challenges and opportunities, making them key players to watch in the global markets as we move further into 2024.