Image Credit: Associated Press
The world’s most valuable companies are all worth more than $1 trillion by market capitalization, and the list now includes SpaceX (SPCX) following the largest initial public offering (“IPO”) ever on June 12.
While most of these top companies are American, not all of them are. More importantly, many of these trillion-dollar giants are plays on artificial intelligence (“AI”) or leaders in Big Tech.
And the value of their stocks has soared in recent years due to those huge AI investments…
That’s one reason the benchmark S&P 500 stock index has performed so well. These stocks are heavily weighted in it. The S&P 500 has risen by double-digit percentages…
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