2024-07-09 04:49:00 ET
Microsoft , Apple , and Nvidia are the world's three most-valuable companies, and they are the only ones in history to surpass $3 trillion in market capitalization. They will probably continue to grow long into the future, especially if artificial intelligence (AI) lives up to expectations.
The global economy generated $105 trillion in output last year, but Wall Street thinks AI could significantly boost that figure:
If those forecasts prove to be accurate -- even at the lower end -- I think Oracle (NYSE: ORCL) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) will grow to become two of the world's most valuable companies over the next 10 years. Here's why.
For further details see:
Prediction: These Will Be 2 of the Most Valuable Artificial Intelligence (AI) Stocks by 2034