Seven big tech companies in the US have risen by up to 10% of the total world market value “stock price by 2 times”!

Central banks in Europe and America will soonMaybe the interest rate hike cycle will endThe way you look at it as unknownDecline in long-term bond yieldsIn response to favorable information such as, major tech companies have recently taken the lead and pushed forward.NVIDIA stockachieved a historic record of 9 consecutive gains. It was the longest continuous rise record since 2016/12/27.MicrosoftYametaIt has also already hit a new year-to-date high. recentlyTeslaAlthough it was slightly bearish, the company has shown an increase of 80% or more since the beginning of this year.

What are the views of market participants?
●Wedbush SecuritiesAnalyst Dan Ives warned that “if investors think artificial intelligence (AI) is losing its power to drive economic growth, that is a big mistake.” Mr. Ives says that expectations for the impact of AI on various fields are generally too low, and he predicts that artificial intelligence (AI) will increase the stock prices of companies such as Apple by about 30% next year. He also said cloud and generative AI spending will increase 20% to 25% over the next year.

●BlackRock, a major US asset management companyhas submitted Form 13F as of 2023/9/30 to the SEC (US Securities and Exchange Commission). High-tech companies accounted for the majority of the top 10 stocks in terms of ownership. It shows that they continue to like the largest companies in the US stock market, which means there is a possibility that huge sums of money will flow into major tech companies in the future.

●NY Mellon BankRecently, it was stated that tech giants do not need to use the bond market in large quantities like smaller peers, and this has escaped some of the pressure brought about by the US Federal Reserve (Fed) interest rate hike cycle. The bank said, “I think it is still necessary for investors to invest in major tech stocks. Major US tech companies have achieved growth without the need for borrowing, and this is part of the reason why tech stocks showed a very strong rebound when the Fed began raising interest rates in the first half of this year,” he said.

● Business partner of Warren Buffett, a famous American investor,Charlie MungerIt was also recently stated that “investors will fall behind if they don't own stocks like Apple or Google.”