New research by Deutsche Bank shows that the Magnificent 7 companies now have more financial power than almost any other major country in the world.
According to the bank, the significant rise in profits and market capitalization of the seven tech giants in the United States - Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla - exceeds those of almost all companies listed in almost every G20 country. Of the G20 countries other than the United States, only China and Japan (and only the latter) make greater profits when their listed companies are merged.
Source (Al-Arabiya.net Website, Edited)
