• Home
  • Technology
  • Gaming
  • Entertainment
  • World & Business
  • Science
  • Sports
  • AI
HomeTechnologyGamingEntertainmentWorld & BusinessScienceSportsAI
World & Business
Report

‘AI Big 10’ is claimed to hold a record 42% of US stock market cap

A market commentary post compares the claimed share with the tech, media and telecom sector’s 41% dot-com-era peak.

Jurrien TimmerJT
The Kobeissi LetterTK
2 Sources, 2h ago, first seen 2h ago

TLDR

A market commentary post claims the ‘AI Big 10’—the Magnificent 7 plus Broadcom, AMD and Micron—accounts for a record 42% of US stock market cap, more than double its share at the 2022 bear-market low. It compares that figure with a 41% peak for technology, media and telecom stocks during the dot-com bubble and a 44% peak for Japan’s equity market in the 1980s.

Combined views

99.4K

2 Sources, first seen 2h ago

786 likes83 comments200 saves119 reposts

Combined views

99.4K

2 Sources, first seen 2h ago

786 likes83 comments200 saves119 reposts

Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

2 Sources

Jurrien Timmer@TimmerFidelityMoving on from the glass half-empty to one that is overflowing, earnings season will be upon us in a week or two, and it looks like the bonanza is set to continue. All the incoming growth “waves” are still rising, and all are at double-digits. If we get the typical earnings season bounce of recent quarters, Q3 could land at 30-35% growth. 🧵(1/2)2h
The Kobeissi Letter@KobeissiLetterBREAKING: The "AI Big 10" now accounts for a record 42% of US stock market cap. This includes Magnificent 7 stocks as well as Broadcom, $AVGO, AMD, $AMD, and Micron, $MU. This figure has more than doubled since the 2022 bear market low. By comparison, during the 2000 Dot-Com Bubble, the Technology, Media & Telecom (TMT) sector peaked at 41%, while the Nifty Fifty peaked at 40% in the 1970s. Furthermore, Japan’s equity market bubble in the 1980s peaked at 44%. In the past, only railroad stocks have significantly exceeded this concentration, accounting for 63% of US market cap at their highest point in the 1900s. The dominance of Big Tech is extraordinary.2h
    • Home
    • Technology
    • Gaming
    • Entertainment
    • World & Business
    • Science
    • Sports
    • AI

    2 Sources

    Jurrien Timmer@TimmerFidelityMoving on from the glass half-empty to one that is overflowing, earnings season will be upon us in a week or two, and it looks like the bonanza is set to continue. All the incoming growth “waves” are still rising, and all are at double-digits. If we get the typical earnings season bounce of recent quarters, Q3 could land at 30-35% growth. 🧵(1/2)2h
    The Kobeissi Letter@KobeissiLetterBREAKING: The "AI Big 10" now accounts for a record 42% of US stock market cap. This includes Magnificent 7 stocks as well as Broadcom, $AVGO, AMD, $AMD, and Micron, $MU. This figure has more than doubled since the 2022 bear market low. By comparison, during the 2000 Dot-Com Bubble, the Technology, Media & Telecom (TMT) sector peaked at 41%, while the Nifty Fifty peaked at 40% in the 1970s. Furthermore, Japan’s equity market bubble in the 1980s peaked at 44%. In the past, only railroad stocks have significantly exceeded this concentration, accounting for 63% of US market cap at their highest point in the 1900s. The dominance of Big Tech is extraordinary.2h
    Today's Rank

    —

    Not ranked yet

    Today's Rank

    —

    Not ranked yet