The ‘Magnificent Seven’ are now big enough to move the economy. Why that could be a problem. If the group of tech firms were a country, the size of its economy would rank second in the world, ahead of China, Germany, Japan and the U.K.
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. — have together become an economic powerhouse. At a combined market capitalization of nearly $25 trillion, they are now worth more than almost every economy in the world, according to a comparison with nominal gross domestic product estimates for 2026 from the International Monetary Fund.
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I want to save for retirement. I’m 51 and married with $4M. College students have to use credit cards just to cover basic living expenses.
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