The tale of the stock market for 2023? The increasing dominance of US technology
The FAANGs, or the five major US tech stocks that dominated the investment scene in the past, were Google (now Alphabet), Facebook (now Meta), Amazon, Apple, and Netflix. That image is no longer current. Introducing the so-called Super Seven or Magnificent Seven, which comprise Microsoft, Tesla, Nvidia, and four of the aforementioned companies (Netflix being […]
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