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The ‘Magnificent Seven’ are now big enough to move the economy. Why that could be a problem.

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The ‘Magnificent Seven’ are now big enough to move the economy. Why that could be a problem.

Imagine a small group of companies whose value is greater than the entire economy of almost every single country in the world. By market value, that’s roughly where the “Magnificent Seven” group of tech companies now stands.

The ‘Magnificent Seven’ are now big enough to move the economy. Why that could be a problem.

Source：MarketWatch

Disclaimer：Please read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

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Source：https://www.marketwatch.com/story/the-magnificent-seven-are-now-big-enough-to-move-the-economy-why-that-could-be-a-problem-56d174db