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.
Overview
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.
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Originally published at www.marketwatch.com.
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