Big Tech stocks' $11T market value is nearly triple Germany's GDP

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Big Tech stocks' $11T market value is nearly triple Germany's GDP
Italia Ultime Notizie,Italia Notizie

The AI boom has boosted the 'Magnificent 7' stocks' combined market cap to $11 trillion - that's nearly triple Germany's GDP.

from current levels thanks to its"pole position" in the generative AI race that should help it quickly monetize the trend., propelling the company into the trillion-dollar market-cap club for the first time in history.

"One way to get exposure to AI is through the 'Magnificent Seven' - Amazon, Alphabet , Apple, Meta, Microsoft, Nvidia, and Tesla," Saxo Bank said in its quarterly outlook.

 

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