Five charts to start your day

The debate rages on, champagne corks pop and exuberance spreads across the entire stock market.

In the heart of the S&P 500, the Magnificent Seven – NVIDIA, Microsoft, Apple, Meta, Alphabet, Tesla and Amazon – convened under the moonlight, their circuits and algorithms buzzing with the potential to reshape the world.

They discussed their grand plan to merge artificial intelligence with every aspect of human life. But then whispers and rumours began to circulate among the tech community, suggesting that Netflix, with its vast digital empire, should join their ranks and transform them into the Exciting Eight.

The debate raged on, champagne corks popped and exuberance spread across the entire stock market. There was now nowhere to hide except in cash, if you were a party pooper.

So far though, the results this year are mixed. I’ve been told by one follower that the “Mag-7” are so 2023. Well, I guess fads come and go, along with a great amount of personal wealth if you are not careful.

Source: Eeagli

Coming up:

• Bitcoin crosses $70,000 for the first time ever

• US tech as a percent of the US and global stock markets

• China has never cancelled this many shipments of wheat

• Global business activity has picked across most countries

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