“The seven biggest tech names are already worth 1.8 times all of Europe, and AI is the next leg, the same way the computer age kept paying off long after the statistics could see it.”
“And yet, despite the dot com boom and bust the Magnificent 7 now have a market cap 1.8x that of Europe. A similar issue is arising with AI where the macroeconomic data is not yet equipped to capture the value produced by AI”
Prices are point-in-time snapshots from the named provider. The verdict compares the return since entry against the band above.