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Benzinga
Benzinga
Business
Piero Cingari

Wall Street's Big 7 Are Now Bigger Than China's Entire Economy

China Economy Nvidia United States America Meta
Magnificent Seven stocks

The combined market capitalization of America's seven largest corporations has now overtaken the entire economic output of China, the world's second-largest economy.

As of July 17, Nvidia Corp. (NASDAQ:NVDA), Microsoft Corp. (NASDAQ:MSFT), Apple Inc. (NASDAQ:AAPL), Amazon.com Inc. (NASDAQ:AMZN), Alphabet Inc. (NASDAQ:GOOGL), Meta Platforms Inc. (NASDAQ:META) and Broadcom Inc. (NASDAQ:AVGO) together reached a staggering $18.84 trillion in market value.

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