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Big tech sets new record in stock value

MICROSOFT, Apple, Nvidia, Alphabet, Amazon, Meta Platforms and Tesla continued their strong performance this year, building on significant gains from 2023. Over the past six months, all these tech giants saw double- and triple-digit stock price growth, adding trillions of dollars to their market caps.

According to data presented by AltIndex.com, the Magnificent Seven companies have added a whopping $4.8 trillion to their stock values in six months of the year, more than in the entire 2023.