Saturday, March 15, 2025

North Korean Hacker Lands Job Using Stolen ID and AI-Generated Face

KnowBe4, a company providing security awareness training, recently fell victim to a hacker hired as a remote software engineer.

Summer Foot Pain? Why Your Open-Toe Shoes Might Be Causing Hallux Valgus and How to Fix It

Bunions worsen with narrow shoes; early treatment is crucial. Surgery may be needed for severe cases, with minimally invasive options.

President Yoon Plans Major Public Briefing on Key Reforms

South Korean President Yoon Suk Yeol is considering directly explaining his plans on key national agendas, including ...

Broadcom vs. Tesla: A Shift in the Tech Hierarchy?

TechBroadcom vs. Tesla: A Shift in the Tech Hierarchy?
© News1

There are suggestions that Broadcom, surging due to recent stock split news, should replace Tesla in the Magnificent 7. The Magnificent 7 represents the top seven tech stocks in the U.S.

On June 17, Broadcom recorded $1828.87 on the New York Stock Exchange (NYSE), a 5.41% increase from the previous trading day.

Yahoo Finance

With this, Broadcom’s market capitalization also recorded $851.3 billion, breaking the $800 billion mark.

This is more than Tesla. Since June 17, Tesla’s market capitalization has been $597.7 billion, ranking 10th among U.S. companies.

Yahoo Finance

In comparison, Broadcom’s market capitalization ranks 8th among U.S. companies. In that order, the current market capitalization ranking of U.S. companies is Microsoft Corporation, Apple, Nvidia, Alphabet, Amazon, Meta, Berkshire Hathaway, and Broadcom.

Among them, Berkshire is an investment company operated by Warren Buffett and is not a tech company. Excluding Berkshire, Broadcom enters the top 7 in terms of market capitalization among U.S. companies.

Accordingly, there are suggestions that Broadcom should replace Tesla in the Magnificent 7.

Broadcom’s market capitalization ranks third among semiconductor companies worldwide. The market capitalization of semiconductor companies is in the order of Nvidia ($3.2 trillion), Taiwan’s TSMC ($900 billion), and Broadcom.

Check Out Our Other Content

Check Out Other Tags:

Most Popular Articles