Barron’s: “Big Tech Has Surged. Why It Isn’t Just AI Hype.” - DataTrek Research
20 Sep
Facebook Twitter Google Linkedin Pinterest

Trial DataTrek Morning Briefings for Free

Thousands of investors and financial journalists rely on Nick and Jessica’s newsletter every day for their thought-provoking work on markets, data and disruption. See why for yourself by starting a 2-week FREE trial below.


By clicking submit, you agree that you have read and understand our Terms of Service, Subscription Agreement, and Privacy Policy, and hereby agree to be bound by them.

Barron’s: “Big Tech Has Surged. Why It Isn’t Just AI Hype.”

By datatrekresearch in IN THE NEWS Barron’s: “Big Tech Has Surged. Why It Isn’t Just AI Hype.”

Excerpt from Barron's quoting DataTrek co-founder Jessica Rabe:

... "On Wednesday, DataTrek co-founder Jessica Rabe took a look at the so-called Magnificent Seven big tech firms— Apple, Amazon, Google parent Alphabet, Facebook parent Meta Platforms, Microsoft, Nvidia, and Tesla. These collectively account for nearly 28% of total market capitalization of the S&P 500, ranging from 7% for Apple alone, to 1.8% for Meta...

Little wonder then that their rise has carried the index higher, too. Yet for all the concern that artificial-intelligence enthusiasm has gotten ahead of itself, Rabe argues that there are fundamental reasons backing the tech boom: Just look at profits"...

Full article here on Barron's.

Trial DataTrek Morning Briefings for Free

Thousands of investors and financial journalists rely on Nick and Jessica’s newsletter every day for their thought-provoking work on markets, data and disruption. See why for yourself by starting a 2-week FREE trial below.


By clicking submit, you agree that you have read and understand our Terms of Service, Subscription Agreement, and Privacy Policy, and hereby agree to be bound by them.