How big the Magnificent 7 has become?
The Magnificent 7's market cap is higher than any non-US stock market in the world.
The group is worth now ~$15.7 trillion, almost double China’s stock market value of $8.7 trillion.
It is also worth nearly as much as the German, Canadian, UK, French, and Indian stock markets COMBINED.
Apple, Nvidia, and Microsoft each are worth more than the German and Canadian markets.
To put this into another perspective, the total US stock market is worth $50 trillion, just 3 times more than the Magnificent 7.
Big tech is MASSIVE.
Over the last few days, we have seen large cap tech stocks underperform small caps.
For the first time in years, small caps are leading the market higher.
However, big tech dominance is not going anywhere.
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