List of Flash News about 2024 tech sector earnings
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2025-06-11 16:38 |
Magnificent 7 Stocks Achieve $1.4 Trillion Revenue in 2024: Implications for Crypto Markets
According to Evan (@StockMKTNewz), the Magnificent 7 companies reported a combined revenue of $1.4 trillion in 2024, a substantial increase from $734 billion in 2020 (source: Twitter, June 11, 2025). This strong growth in tech sector earnings signals robust institutional capital flows that could spill over into major cryptocurrencies like BTC and ETH, as investors seek portfolio diversification and risk-adjusted returns. Traders should monitor cross-market correlations, as positive sentiment and liquidity from tech stock gains historically fuel increased demand and volatility in crypto assets. |