Magnificent Seven debt jumps 45% to $578 billion; SBI flags up to $2 trillion market value risk
⟶ The debt held by the Magnificent Seven companies has increased by 45% to reach $578 billion. SBI has flagged a potential market value risk of up to $2 trillion.
Why it matters
The significant increase in debt among major tech companies could indicate potential financial strain or increased leverage. SBI's warning about market value risk suggests concerns about the stability and valuation of these companies.