Reported 8 months ago
According to foreign media reports, the total market value of the U.S. tech giants has surpassed $15 trillion for the first time, accounting for over 58.9% of the U.S. GDP of $25.44 trillion in 2023. The Magnificent 7 of the U.S. stock market, which includes Microsoft, Apple, Amazon, Alphabet, Meta, NVIDIA, and Tesla, have seen a significant increase in market value, with a collective surge of $2 trillion in the past two months. The seven giants now hold a market value exceeding $15 trillion, equivalent to over half of the U.S. GDP. Their stock prices have risen over 60% in the past 12 months, significantly outperforming the remaining stocks in the S&P 500 Index.
Source: YAHOO