The market cannot survive without Big Tech:
The S&P 500 has added a massive ~$7.5 trillion in market cap since the April 7th low.
Meanwhile, the Magnificent 7 has accounted for ~54% of this increase, gaining $4 trillion in value.
This means the Magnificent 7 has contributed… pic.twitter.com/UqkB6N9lnu
— The Kobeissi Letter (@KobeissiLetter) June 4, 2025
JUST IN 🚨: Warren Buffett Indicator jumps to 198%, the 2nd most expensive valuation of all-time pic.twitter.com/W5Sa0Xut9c
— Barchart (@Barchart) June 4, 2025