Magnificent Seven Archives

The stock market’s dependence on tech giants is at a record high

January 30, 2024

This analysis was first published in SvD Näringsliv, in Swedish, on January 30th, 2024. This piece was translated from Swedish by Claude. Some phrasing may differ from a human translation. Ten trillion dollars in market cap is reporting its quarterly results this week — and just five tech companies account for all of it. The stock market’s dependence on the tech giants has never been greater. In 2011, venture capitalist Marc Andreessen wrote the now-famous […]

Seven American tech stocks are deciding your pension

November 16, 2023

by Björn Jeffery

SvD Näringsliv

This analysis was first published in SvD Näringsliv, in Swedish, on November 16th, 2023. This piece was translated from Swedish by Claude. Some phrasing may differ from a human translation. The influential S&P 500 is said to show how the American stock market is doing. But in practice, it is seven individual tech stocks that are holding the entire index — and millions of Swedish pension savers — under their wings. The city of Omaha, […]