g-f(2)1847 7 Titans Rule the g-f New World: The $10 Trillion Super League You Interact With Every Day

 

genioux Fact post by Fernando Machuca and Bard

genioux GK Nugget of the Day (1/12/2024):

In the g-f New World, a world brimming with extraordinary opportunities and risks, US g-f Leaders, pioneering players in the g-f Transformation Game (g-f TG), operate in a distinct league apart - "the Magnificent Seven." In the language of soccer, these pioneers have established their own "Super League."

Breakdown:

• g-f New World: A term coined in genioux facts to describe the current era characterized by rapid technological advancements and transformative change.
• g-f Leaders: Individuals and companies actively driving positive change and progress in the g-f New World.
• g-f Transformation Game: A metaphorical framework used in genioux facts to represent the ongoing process of individual and societal growth and adaptation in the g-f New World.
• "The Magnificent Seven": A nickname given to the seven currently publicly traded US companies with market capitalizations exceeding $1 trillion.
• Super League: A reference to a proposed breakaway European soccer league for top clubs, emphasizing the exclusivity and dominance of these seven companies.

Additional Information:

• The combined market cap of US trillion-dollar companies reached $10 trillion in 2023, doubling from the previous year [yahoo!finance].
• Apple leads with a market cap exceeding $3 trillion, followed by Microsoft, Alphabet, Amazon, and Nvidia [FORTUNE].
• Saudi Aramco, founded in 1933, is the only non-American company in the "Magnificent Seven," with a market cap of $2.00 trillion [Google Search].
• Meta Platforms (formerly Facebook) and Tesla have also briefly crossed the $1 trillion mark but are not currently included in the "Magnificent Seven [Bloomberg, WSJ]."

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

The categorization and citation of the genioux Fact post

Categorization

This genioux Fact post is classified as Nugget Knowledge which means: Ultra-concentrated wisdom, easily remembered and applicable to your daily life.

Type: Nugget Knowledge, Free Speech

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References

“genioux facts”: The online program on "MASTERING THE BIG PICTURE OF THE DIGITAL AGE”, g-f(2)1847, Fernando Machuca and Bard, January 12, 2024, Genioux.com Corporation.

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