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Published

Farewell 2024, hello 2025

Summary by ROGER MONTGOMERY
The Magnificent Seven (Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla), which rose by an average 111 per cent over calendar 2023, continued the strong upward trajectory, increasing a further 63 per cent, on average, over calendar 2024. In short, the average “Magnificent Seven” has turned $1.00 into $3.44 in two calendar years. The Magnificent Seven now have a combined market capitalisation of A$29 trillion, or 10 times the entire mar…
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