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The sky is the only limit ?

Jul 17, 2024

It’s all a matter of perspective: the combined value of the “Magnificent 7” stocks—Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla—dwarfs major global equity markets. These companies are worth twice as much as the entire Chinese equity market, 2.5 times more than Japan’s, three times more than India’s, nearly five times more than France’s, and 6.5 times more than Germany’s. How is it possible that the value add created by the employees from these seven tech giants surpasses the worth of the work created by the entire populations of developed economies? The sky seems to be the only limit.

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The sky is the only limit ?

Jul 17, 2024