Business
fromnews.bitcoin.com
1 day ago'Warren Buffet Indicator' Hits All-Time High as Stock Market Reaches Record Levels
U.S. stocks reach fresh highs while the Buffett Indicator hits a record 232%, signaling valuations may be outpacing GDP.
The new year has so far not been kind to the share price of Big Tech stocks, particularly the so-called Magnificent 7. These seven companies-Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla-are America's tech crown jewels. Combined, they have their hands in the hottest areas of tech, including artificial intelligence, mobile computing, chipmaking, and transportation. Yet all of these tech companies have seen their share prices decline since the beginning of the year.