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

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines