Big tech is running the world. ⁠ ⁠ A new report from Deutsche Bank found that the seven major US tech giants are now more valuable than all non-U.S. stock markets.⁠ ⁠ The $13 trillion combined value of Microsoft, Apple, Meta, Tesla, Alphabet, Amazon, and Nvidia is greater than the combined value of the Japanese, French, and UK markets, and comes in second place behind only the US. ⁠ ⁠ When it comes to profits their power is still noticeable, albeit lessened. The Magnificent Seven brought in $361 billion over the last 12 months, about half of all Chinese companies and just slightly under the $383 billion reported by all Japanese companies ⁠ ⁠ 📸 : Pexels⁠ ⁠ #magnificentseven #tech #bigtech #ai #artificialintelligence #marketnews #business #businessnews #stocks