The combined market capitalization of the 'Magnificent 7' tech companies, including $AAPL, $MSFT, $NVDA, $AMZN, $META, $GOOG, and $TSLA, has soared from $6.93 trillion at the end of 2022 to $11.89 trillion as of now. This surge has been driven by surging revenues, widespread tech adoption, and investor confidence in the tech sector. Notably, $AAPL has gained $1.01 trillion in market cap year-to-date, while $MSFT has added $1 trillion, $NVDA $829 billion, $AMZN $680 billion, $META $545 billion, $GOOG $526 billion, and $TSLA $371 billion. The combined market cap of the 'Magnificent 7' at the end of 2021 was $11.8 trillion, which dropped to $6.9 trillion at the end of 2022 before surging back to $11.9 trillion as of now. The tech sector is expected to have a strong 2024, with a new tech bull market beginning and a 20%+ increase in tech stocks, driven by the AI spending tidal wave hitting the tech world.
Tech Stocks Are Poised for Another Big Year. Our Top Predictions for 2024. https://t.co/Of6a6Ra3xn
In our opinion the new tech bull market has begun and tech stocks are set up for a strong 2024 as we expect tech to be up 20%+ led by Big Tech as the AI spending tidal wave hits the shores of the tech world. Now the rest of the tech sector joins the Magnificent 7 in the rally🐂🔥
Here’s a look at the combined market caps of tech companies in the top 5 of the S&P500, driven by surging revenues, widespread tech adoption and investor confidence in the tech sector. $AAPL $MSFT $GOOGL $NVDA $TSLA $AMZN $META https://t.co/N2c7OuCpeh
2024... it's written in the code 🔮 After the year of artificial intelligence in 2023, our experts and early adopters across industry share their predictions for #AI in 2024. https://t.co/iCg6kg2Cjz
AI-powered PCs will ultimately change the trajectory for AI, to where more people can access AI-powered applications, which in turn, will help AI developers be able to build a bigger ecosystem. Look for Windows 12 to be a major release for 2024, and to be the official moment…
The end of the year is only a few weeks away, so what do we have to look forward to next year? Here are technology, media and telecom predictions from Deloitte. Be on the lookout for others in the coming days! #2024predictions #technology #deloitte https://t.co/LJ3rYA5muX
The seven mega-caps $AAPL $AMZN $GOOGL $META $NVDA $TSLA $MSFT: Combined market cap at the end of 2021: $11.8 trillion Combined market cap at the end of 2022: $6.9 trillion Combined market cap now as we end 2023: $11.9 trillion
Check out the latest business trends for AI in 2024 Top 5 Trends to look out for #AI #OpenAI #Marketing #Management #BusinessGrowth #Sales #Trending #HumanResources #Bard #Google #Salesforce #Microsoft365 https://t.co/LolkoKWnww https://t.co/PCPmurvOsL
Some predictions for AI in 2024: We're going to see open source models catch up to GPT4 and companies eventually using LLM operating systems that help you get these models production ready. AI-generated videos get longer and eventually really solve temporal consistency of… https://t.co/XPR6ega7VS
Combined, the Magnificent 7's market cap has risen from $6.93T at the end of 2022 to $11.89T today. $NVDA $AAPL $AMZN $GOOG $META $MSFT $TSLA https://t.co/HiMWkKwaiP
The Magnificent 7 have seen a meteoric rise this year, with the group gaining a total of $4.96T in market cap YTD. $AAPL: +$1.01T $MSFT: +$1T $NVDA: +$829B $AMZN: +$680B $META: +$545B $GOOG: +$526B $TSLA: +$371B https://t.co/oAsH6W2HT0