The number that caught me here is not Nvidia at 5.2T or Apple at 4.5T
it is the fact that the top 10 names together are still worth around $29T even after dropping from last week
Nvidia, Apple, Google and Microsoft alone dominate a ridiculous amount of that value.
when this much market cap is concentrated in a handful of companies, a bad week for mega-cap tech can make the whole market feel weak very quickly.
also kind of crazy seeing SpaceX sitting between TSMC and Broadcom on this list.
everyone watches the index… I keep watching the companies that basically control the index.$NVDA.US $GOOGL.US $AAPLB
it is the fact that the top 10 names together are still worth around $29T even after dropping from last week
Nvidia, Apple, Google and Microsoft alone dominate a ridiculous amount of that value.
when this much market cap is concentrated in a handful of companies, a bad week for mega-cap tech can make the whole market feel weak very quickly.
also kind of crazy seeing SpaceX sitting between TSMC and Broadcom on this list.
everyone watches the index… I keep watching the companies that basically control the index.$NVDA.US $GOOGL.US $AAPLB