genioux Fact post by Fernando Machuca and Bard
genioux Foundational Fact of the Day (1/12/2024)
Inside the g-f New World: US Companies Rule the Market with Combined $10 Trillion Valuation
Buckle up, g-f Navigators! Prepare to warp speed into the stratosphere of financial titans where a select few companies have breached the unimaginable: the trillion-dollar club [Google Search].
In this g-f New World, where opportunities soar alongside risks, seven American trailblazers have formed their own Super League - the "Magnificent Seven" of market valuations [Nasdaq]. Imagine, their combined might tips the scales at a staggering $10 trillion, double what it was just a year ago [yahoo!finance]!
Leading the charge is Apple, a gleaming tech behemoth with an iPhone-sized crown worth over $3 trillion [FORTUNE]. Microsoft, the software sorcerer, follows close behind, weaving its magic across the digital landscape. Alphabet, the knowledge architect, and Amazon, the e-commerce empire, both claim thrones exceeding $1 trillion. Nvidia, the graphics guru, completes the quintet, powering everything from next-gen gaming to the AI revolution [Bloomberg, WSJ].
But wait, there's more! Meta Platforms, the social media maestro, and Tesla, the electric vehicle pioneer, have tasted this trillion-dollar air, offering a glimpse into the ever-shifting winds of market dominance. And across the globe, the Saudi Arabian oil giant, Saudi Aramco, stands resolute, the lone non-American in this elite club, its $2 trillion valuation a testament to the enduring power of black gold.
So, the next time you scroll through your newsfeed, hail a robot taxi or marvel at a mind-blowing video game, remember - you're interacting with the forces shaping our world. The trillion-dollar club isn't just a financial footnote; it's a front-row seat to the g-f Transformation Game, where innovation rewrites the rules and the stakes have never been higher. Buckle up, g-f Navigators, and hold on tight - the ride is just getting started!
This friends, is the g-f New World. And in this new game, the "Magnificent Seven" are playing to win.
REFERENCES
The GK Containers
[Bloomberg] Ryan Vlastelica and Ian King, Nvidia Touches $1 Trillion Mark After Beating Rivals to AI, Bloomberg, May 30, 2023.
[FORTUNE] Ryan Vlastelica and Bloomberg, Apple just made history by becoming the first company with a $3 trillion market value—’and its lock on the consumer is only getting stronger’, Fortune,
[Google Search] 'Trillion-dollar club' companies, January 12, 2024.
[Nasdaq] Will Ashworth, Meet the Next Trillion-Dollar Companies: Our Top 3 Picks, Nasdaq, November 02, 2023.
[WSJ] Joseph De Avila, The Exclusive $1 Trillion Club: See the List, The Wall Street Journal, Updated May 30, 2023.
[yahoo!finance] Eyek Ntekim and Julie Hyman, 'Trillion-dollar club' companies reach combined $10T in 2023, yahoo, December 29, 2023.
GK Videos
Magnificent 7 and AI will continue to dominate in 2024, says analyst Ray Wang
Trillion dollar club: 5 tech stocks with record valuations, Microsoft, Apple, Google, Amazon, Nvidia
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Type: Breaking Knowledge, Free Speech
g-f Lighthouse of the Big Picture of the Digital Age [g-f(2)1813, g-f(2)1814]
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