Group 1 - The technology sector now represents 37% of the entire U.S. stock market, surpassing the peak of the dot-com bubble by 4 percentage points, and this share has doubled in just five years [1][2] - The global market share of technology stocks outside the U.S. has risen to approximately 11%, the highest level in four years [2] - The Nasdaq 100 index, tracked by the Invesco QQQ Trust, has gained 114.72% over the past five years, indicating significant reliance on mega-cap tech stocks for market gains [3] Group 2 - The performance of the "magnificent 7" stocks, which include Nvidia, Meta, Alphabet, Microsoft, Apple, Amazon, and Tesla, has significantly contributed to the rise of technology's market share [4] - Year-to-date performance of the magnificent 7 shows varied results, with Nvidia leading at 28.21% and Apple lagging at -7.00% [5] - Over the past five years, Nvidia has seen a remarkable increase of 1358.31%, while Alphabet's Class A and B shares have both increased by over 215% [5]
Tech Stocks Top 2000 Dot-Com Bubble Peak, Now Dominate 37% Of US Market As Nvidia, Meta And Alphabet Lead 5-Year Mag 7 Rally - Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN)