Focus Distribution’s Post

View organization page for Focus Distribution, graphic

2,690 followers

For much of this year, headlines have been devoted to the rise of NVIDIA, and rightly so: its valuation is mind-boggling and it has almost single-handedly driven 2024’s “AI theme”. But, the rest of big tech has also been rising. Indeed, even Apple is now enjoying the “announce an AI product and watch your stock price go up” phenomenon, with its shares up some 14% in the last month. So, how much has big tech gained in 2024. As of Wednesday’s close, just 6 stocks have added an eye-watering $3.8 trillion in market capitalization this year. The rest of the S&P 500, the flagship index of America’s biggest public companies, have collectively added just $1.78 trillion. Nvidia alone has gained more than that ($1.86T). #invest #investing #stocks #technology #future From Chartr sourced from FactSet

  • No alternative text description for this image

To view or add a comment, sign in

Explore topics