15% of the total United States GDP is a single company
no, it is not. you struggle to comprehend it because it is not true.
it is comparing different things. one is a valuation, the other is the value of goods and services over a year.
the comparision would be with yearly revenue of a company
The stat that’s going around at the moment is that 30% if the GDP is transactions between the “Magnificent 7”. That one is fair because it’s economic activity.
The underlying economy is in recession with the AI frosting on top pushing it to break even levels.
no, it is not. you struggle to comprehend it because it is not true.
it is comparing different things. one is a valuation, the other is the value of goods and services over a year. the comparision would be with yearly revenue of a company
The stat that’s going around at the moment is that 30% if the GDP is transactions between the “Magnificent 7”. That one is fair because it’s economic activity.
The underlying economy is in recession with the AI frosting on top pushing it to break even levels.
Thanks for the clarification.