Part 1/8:
The Magnificent Seven and the Rise of Chinese AI: A Market Paradigm Shift
In a world dominated by technology, a group of companies—Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla—has come to be known as the "Magnificent Seven." This moniker signifies not just their massive valuations and investments in artificial intelligence but their overwhelming influence in the stock market. Together, they account for over one-third of the total value of the S&P 500, which tracks the top 500 companies in America. Their fortunes shape market sentiment: when they stumble, the market trembles.