One thing #PostonTradFi discussions still underestimate is that the Magnificent 7 are no longer behaving like normal #stocks .
Railroads once controlled industrial trade.
Oil majors controlled energy.
Telecom giants controlled information flow.
Today companies like Microsoft, Nvidia, Amazon and Google increasingly control AI infrastructure, cloud computing, digital logistics and large parts of the internet economy itself.
That changes their role inside modern #Markets.
Many index funds, ETFs and even parts of global #TradFi are now structurally dependent on a small group of technology companies continuing to operate smoothly at massive scale.
The market still labels them “tech”.
But economically, some are already functioning more like digital infrastructure monopolies.