Magnificent Seven Cross $25 Trillion in Value, Bigger Than Every Country but the US
Seven companies now carry an economy-sized footprint. The Magnificent Seven (Nvidia, Apple, Microsoft, Alphabet, Amazon, Meta and Tesla) pushed past $25 trillion in combined market capitalization during Tuesday’s trading session, according to Barron’s, citing Dow Jones Market Data. That makes the group larger than the nominal GDP of every country in the world except the United States. It clears the European Union’s entire $21.2 trillion economy, too. Only the U.S., at roughly $30 trillion, stands above it. China sits at about $19.6 trillion, per the IMF’s World Economic Outlook figures cited by MarketWatch. ...