8 AI stocks are worth $4.3 trillion more this year. That's 15 Coca-Colas or 20 McDonald's.
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8 AI stocks are worth $4.3 trillion more this year. That's 15 Coca-Colas or 20 McDonald's.
"It took Warren Buffett nearly 60 years to build Berkshire Hathaway into a $1 trillion conglomerate. Eight AI companies have together gained quadruple that in market value in just over nine months. Whether you think AI stocks will keep booming or burst like the dot-com bubble, the growth of these companies has been unprecedented. Their year-to-date gains alone dwarf the total value of some of America's biggest and best-known companies."
"These three companies together are worth $2.8 trillion more this year - more than the combined $2.7 trillion market value of Berkshire, JPMorgan, and Walmart. Other major AI companies surging include Palantir, which has soared 137%. Oracle and AMD have leaped about 70% each, Broadcom has shot up 45%, and Meta has climbed 22%. These five companies have had a $1.5 trillion rise in their joint market value since January. That's roughly as much as Mastercard, Netflix, and Exxon Mobil combined."
Eight prominent AI-focused companies have collectively gained $4.3 trillion in market value year-to-date. Nvidia accounted for $1.2 trillion of that gain, reaching about $4.5 trillion after a 38% stock rise this year. Microsoft and Alphabet each climbed more than 25%, adding roughly $800 billion and $740 billion respectively. Palantir surged 137%, Oracle and AMD rose about 70% each, Broadcom jumped 45%, and Meta increased 22%. The five non-Nvidia/Microsoft/Alphabet companies together added about $1.5 trillion. The combined gains of these firms eclipse the market value increases of many long-established corporations.
Read at Business Insider
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