By the second half of 2024, The Magnificent 7, comprising tech stocks market cap accounted for more than a third of the S&P 500 total market capitalization. In other words, just seven stocks, Apple, Microsoft, Amazon, Alphabet (Google), Tesla, Nvidia and Meta Platform, had a market capitalization of $16 trillion of the S&P 500 total $46 trillion market capitalization. So, Magnificent 7 stocks are worth four times more than...
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