Magnificent 7 tech giants collectively generate $2.3 billion in daily operating profits, with NVIDIA leading at $541 million
The seven US tech giants, including NVIDIA, Microsoft, Alphabet, Apple, Amazon, Meta, and Tesla, collectively generate approximately $2.3 billion in operating profits daily on a trailing 12-month basis. NVIDIA leads the group with $541 million in daily operating income, up 124% year over year, while Microsoft's commercial backlog has reached $678 billion and Alphabet's cloud backlog stands at $514 billion. Apple's stock surged 45% over the past year, though Tesla and Meta experienced double-digit declines, indicating a divergence in the group's stock performance.
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