The market cap of the so-called Magnificent Seven, comprising companies like Apple, Microsoft, Google, Meta, Nvidia, Amazon, and Tesla, has reached a size equal to the combined market cap of the stock markets in Japan, Canada, and the UK. This market cap is also four times that of the small-cap Russell 2000 Index. Microsoft alone has a market cap equal to the entire Canadian stock market. The combined market value of these seven companies is estimated to be $12 trillion, surpassing the GDP of many countries. The stocks are showing improving momentum and are in long-term uptrends, with the exception of Tesla.
“Is there any stopping these stocks?” @SullyCNBC asks about the Magnificent 7. “They all have improving momentum and they’re all still in long-term uptrends except arguably $TSLA,” says @StocktonKatie. https://t.co/dW17Wy44d5
"The market cap of the Magnificent Seven is now four times the market cap of the entire Russell 2000." - Torsten Sløk https://t.co/qfpeXMmOyD
Today, Apollo Global Management released data saying that the "market cap of the Magnificent Seven is now four times the market cap of the entire Russell 2000." https://t.co/8zqXr3Jf0M
Magnificent Seven $AAPL $MSFT $GOOG $META $NVDA $AMZN $TSLA have a combined market value of $12 trillion. Combining the economies of #Canada 🇨🇦 ($2.1 trillion), #Mexico 🇲🇽 ($1.8T), and all of South America ($4.1T), still falls $4T short of their value. #tech #TechNews #Markets https://t.co/c8thOO9Lwh
Magnificent Seven Are Larger Than Entire Countries’ Stock Market https://t.co/DEfEJAkXxy
woozer The market cap of the Magnificent Seven is the same size as the market cap of the stock markets in the UK, Canada, and Japan combined - Apollo https://t.co/zsI32OsgsC
Just how big have the Magnificent 7 become? The market cap of the Magnificent 7 is now FOUR TIMES that of the Russell 2000. Microsoft, $MSFT, alone is the size of the entire stock market in Canada. The market cap of the Magnificent 7 is the same size as the stock markets in… https://t.co/E29monQ5U1
The market cap of the so-called Magnificent 7 stocks is four times that of the small-cap Russell 2000 Index. Microsoft alone is the size of the entire Canadian stock market. (Torsten Slok, Apollo) https://t.co/xOpxqXy8Ls
Magnificent 7 market cap now the same size as Japan, Canada, UK stock markets combined🤯 (via Torsten Slok/ Apollo) https://t.co/UZu1Op1Ree
Great chart by #TorstenSlok "The market cap of the Magnificent Seven is now the same size as the combined market cap of the stock markets in Japan, Canada, and the UK, see chart below." @ttmygh @TaviCosta https://t.co/29LUZMulXl
This is absolutely insane The Magnificent 7 is now the same size as the combined stock markets of UK, Canada, and Japan Even crazier? The Mag 7 has a market cap bigger than the GDP of every country in the world not named China and the US https://t.co/8jZBRjLUh4
"The market cap of the Magnificent Seven is now the same size as the combined market cap of the stock markets in Japan, Canada, and the UK." - Torsten Sløk https://t.co/BUeR7y4vF9