Move over Magnificent seven, the FAB 10 is reshaping the future of tech
India, June 16 -- Investors may soon stop focusing only on the "Magnificent Seven" group of tech stocks and start paying attention to a new group called the "FAB 10," as per Vanda Research. The Magnificent Seven includes seven major tech companies: Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla.
The Magnificent Seven may no longer fully represent the future of technology and artificial intelligence, as per the Vanda Research cited by Yahoo Finance. The research firm believes a new group called the FAB 10 is emerging as the next major force in the tech industry. FAB 10 stands for "Frontier AI & Big Tech 10". The FAB 10 includes all seven Magnificent Seven companies plus three AI-focused companies: SpaceX, OpenAI, and Anthropi...
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