Prediction: This "Magnificent Seven" Artificial Intelligence (AI) Stock Will Be the Next to Join Microsoft, Apple, Nvidia, and Alphabet in the $2 Trillion Club
There are only four companies in the world with a market capitalization of at least $2 trillion: Microsoft, Apple, Nvidia, and . Each of these megacap tech businesses are members of the Magnificent Seven -- a friendly moniker used to collectively describe the biggest movers and shakers in all things related to artificial intelligence (AI).
While Microsoft and Apple have been valued in excess of $2 trillion for quite some time, Nvidia reached the milestone earlier this year. Alphabet was minted into the club following an impressive first-quarter earnings report a few weeks ago.
There is one other member of the Magnificent Seven sitting on the doorstep of a $2 trillion valuation. E-commerce and cloud computing juggernaut Amazon (NASDAQ: AMZN) currently boasts a market capitalization of $1.9 trillion.
Source Fool.com