The market caps of just the Magnificent 7 alone is almost as large as China’s entire GDP. China is the world’s second largest economy.
The market cap of just Nvidia alone is 50% greater than Germany’s entire stock market index DAX. Germany is the world’s third largest economy.
The 15 largest US listed companies combined market caps is larger than the combined GDP of the world’s 4th to 10th largest economies.
At some point, these companies will be called countries themselves… they are that big.
Who will be next?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
