Big Tech's $11T Market Value: Triple Germany's GDP and No Cause for Concern
TL;DR Summary
The combined market value of the "Magnificent 7" mega-cap tech stocks, including Apple, Microsoft, Google parent Alphabet, Amazon, Meta Platforms, Nvidia, and Tesla, has surged 60% this year to reach $11 trillion, nearly triple the GDP of Germany. This rally has been fueled by the hype over artificial intelligence. However, skeptics warn that economic headwinds could cause the rally to fade soon.
- Big Tech stocks' $11T market value is nearly triple Germany's GDP Markets Insider
- History Says Big Tech's Rule Over US Stocks Shouldn't Be Feared Bloomberg
- Move Over, FAANG: The "Magnificent 7" Stocks Are Here, and These 2 Might Be the Best Buys The Motley Fool
- History Says Big Tech’s Rule Over US Stocks Shouldn’t Be Feared Yahoo Finance
- History Says Big Tech’s Dominance Over US Stocks Poses No Risk BNN Bloomberg
- View Full Coverage on Google News
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