The Stock Market is Dominated by Just a Handful of Companies and the Biden Administration is Worried
The dominance of Big Tech companies in the stock market has raised concerns about potential monopolistic behaviour, with just seven stocks – Apple (AAPL), Microsoft (MSFT), Alphabet (GOOG), Amazon (AMZN), Nvidia (NVDA), Tesla (TSLA) and Meta Platforms (META) comprising nearly $11 trillion in market value and contributing significantly to the S&P 500’s returns in the…
