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The Magnificent 7 – $AAPL, $NVDA, $MSFT, $GOOGL, $AMZN, $META, and $TSLA – have hit a collective valuation of over $18 trillion for the first time, per Dow Jones Market Data. That makes their market cap larger than the GDP of every country except the U.S. and China. https://t.co/sTBTfxk76u
Mag7 to Power $SPY Into 2024? Some big gains YTD: $NVDA +181.3% $META +78.7% $TSLA +70.9% $AMZN +51.5% $GOOGL +39.9% $AAPL +28.0% $MSFT +19.4% https://t.co/ZdGTIMoK5z
Where were the "Magnificent 7" trading this time last year? Take a look at their share prices: Apple $AAPL: $193.49 Microsoft $MSFT: $371.60 Amazon $AMZN: $146.19 Alphabet/Google $GOOGL: $133.34 Meta $META: $329.89 Tesla $TSLA: $243.44 Nvidia $NVDA: $47.53
The 'Magnificent 7' tech stocks, comprising Apple (AAPL), Nvidia (NVDA), Microsoft (MSFT), Alphabet/Google (GOOGL), Amazon (AMZN), Meta (META), and Tesla (TSLA), have reached a collective market valuation exceeding $18 trillion, marking a significant milestone. This valuation surpasses the GDP of all countries except the U.S. and China. Notably, Nvidia has seen a year-to-date increase of 181.3%, while Meta and Tesla have risen by 78.7% and 70.9%, respectively. As of December 11, 2024, the stocks have shown substantial monthly gains, with Tesla up 20%, Google up 15%, and Amazon up 11%. The performance of these stocks has contributed to a broader market surge, with several hitting all-time highs this month, reflecting strong investor confidence in the tech sector.
