The AI boom has boosted the 'Magnificent 7' stocks' combined market cap to $11 trillion - that's nearly triple Germany's GDP.
A new assortment of mega-cap tech stocks is ruling the S&P 500 this year, also known as the "Magnificent 7." They are the seven largest US-listed companies – tech behemoths Apple, Microsoft, Google parent Alphabet, Amazon and Meta Platforms – as well as two new entrants Nvidia and Tesla.
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