Magnificent 7 profits now exceed almost every country in the world
The so-called “Magnificent 7” now wields greater financial might than almost every other major country in the world, according to new Deutsche Bank research. The meteoric rise in the profits and market capitalizations of the Magnificent 7 U.S. tech behemoths - Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla — outstrip those of all listed companies in almost every G20 country, the bank said in a research note Tuesday. Of the non-U.S. G20 countries, only China and Japan (and the latter, only just) have greater profits when their listed companies are combined. source : cnbc
China and US elections reiterate the durability of the onshoring theme.
Source: Goldman Sachs
The trend is your friend...
Source: Goldman Sachs, TME
China’s National Team Is Back at Work as Stock Trading Resumes – Bloomberg
Several exchange-traded funds in China tracking the nation’s stocks saw a surge in turnover on the first trading day after the Lunar New Year holiday, a likely sign that state-backed funds continue to support the market. Traded values of China AMC CSI 500 ETF and Harvest CSI 500 ETF both surged to records, while those of Tianhong CSI 500 ETF, BOC International CSI 500 ETF and CIB CSI 500 ETF were higher than their average levels.
Bitcoin became fastest assets to reach a $1 Trillion Market Cap🚨
Source: bitcoinlfgo
BREAKING: LEGENDARY HEDGE FUNDS MILLENNIUM MANAGEMENT AND TWO SIGMA HAVE MASSIVELY INCREASED THEIR JD.com $JD STAKES
THEY NOW OWN TOGETHER $275M IN THE STOCK Source: Daily Compounding
Direct foreign investment into China slumps to 30y low.
Foreign firms only added $33bn to their FDI liabilities, the lowest since 1993, indicating a lack of confidence Source: Bloomberg, HolgerZ
Visually comparing the market caps, revenues, and operating incomes of the so-called "Mag 7".
Looking at these numbers, what stands out to you the most? Source: Quartr
