{"id":501233,"date":"2026-01-08T11:43:12","date_gmt":"2026-01-08T11:43:12","guid":{"rendered":"https:\/\/www.europesays.com\/us\/501233\/"},"modified":"2026-01-08T11:43:12","modified_gmt":"2026-01-08T11:43:12","slug":"magnificent-seven-competition-heats-up","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/501233\/","title":{"rendered":"Magnificent Seven competition heats up"},"content":{"rendered":"<p>A man walks past the Google signage outside the US tech giant&#8217;s Ananta office in Bengaluru, India, on Jan. 5, 2026. <\/p>\n<p>Idrees Mohammed | Afp | Getty Images<\/p>\n<p>There&#8217;s movement going on in the Magnificent Seven group of stocks. <\/p>\n<p>Shares of <a href=\"https:\/\/www.cnbc.com\/quotes\/GOOGL\/\" target=\"_blank\" rel=\"noopener\">Alphabet<\/a>, the parent of Google, rose 2.4% on Wednesday, to give the firm a market capitalization of $3.89 trillion. Meanwhile, <a href=\"https:\/\/www.cnbc.com\/quotes\/AAPL\/\" target=\"_blank\" rel=\"noopener\">Apple<\/a>, the parent of the iPhone (so to speak), retreated 0.8%, and ended the day with a capitalization of $3.85 trillion. <\/p>\n<p>It&#8217;s the first time since 2019 that <a href=\"https:\/\/www.cnbc.com\/2026\/01\/07\/alphabets-market-cap-surpasses-apples-for-first-time-since-2019.html\" target=\"_blank\" rel=\"noopener\">Alphabet has overtaken Apple in valuation<\/a>, and another sign of how the Cupertino-based company is falling behind in the artificial intelligence race.<strong> <\/strong> Apple&#8217;s promised launch of a smarter Siri, its AI voice assistant, in 2025, was delayed, and still lacks a <a href=\"https:\/\/www.cnbc.com\/2025\/12\/17\/apple-ai-delay-siri.html\" target=\"_blank\" rel=\"noopener\">concrete release date<\/a>. <\/p>\n<p>Meanwhile, Alphabet&#8217;s quickfire deployments of new AI models and generators have <a href=\"https:\/\/www.cnbc.com\/2025\/12\/31\/google-stock-wraps-best-year-since-2009-as-ai-excites-wall-street-.html\" target=\"_blank\" rel=\"noopener\">earned it more users and investor cheer<\/a>, making it the <a href=\"https:\/\/www.cnbc.com\/2025\/12\/31\/google-stock-wraps-best-year-since-2009-as-ai-excites-wall-street-.html\" target=\"_blank\" rel=\"noopener\">best-performing stock<\/a> among Big Tech last year.<\/p>\n<p>Movement, on a more literal level, was a point of contention for <a href=\"https:\/\/www.cnbc.com\/quotes\/TSLA\/\" target=\"_blank\" rel=\"noopener\">Tesla<\/a> and <a href=\"https:\/\/www.cnbc.com\/quotes\/NVDA\/\" target=\"_blank\" rel=\"noopener\">Nvidia<\/a>. Jensen Huang, CEO of the semiconductor behemoth, announced Alpamayo, <a href=\"https:\/\/www.cnbc.com\/2026\/01\/06\/jensen-huang-ces-keynote-ignites-analyst-optimism-on-nvidias-future.html\" target=\"_blank\" rel=\"noopener\">an AI reasoning model<\/a> for developing self-driving vehicles, at the CES conference Monday. <\/p>\n<p>While Tesla CEO Elon Musk <a href=\"https:\/\/www.cnbc.com\/2026\/01\/07\/tesla-musk-nvidia-self-driving-competition-huang.html\" target=\"_blank\" rel=\"noopener\">acknowledges<\/a> it as &#8220;maybe a competitive pressure on Tesla,&#8221; he added that it&#8217;ll only be a challenger in &#8220;5 or 6 years, but probably longer.&#8221; <\/p>\n<p>For what it&#8217;s worth, it&#8217;s not the first time Musk has dismissed competitors. In October 2011, he said in an interview, &#8220;I don&#8217;t think [BYD has] a great product.&#8221; In 2025, <a href=\"https:\/\/www.cnbc.com\/quotes\/BYDDF\/\" target=\"_blank\" rel=\"noopener\">BYD<\/a> overtook Tesla as the <a href=\"https:\/\/www.cnbc.com\/2026\/01\/02\/chinas-byd-to-overtake-tesla-as-worlds-top-ev-seller-for-first-time.html\" target=\"_blank\" rel=\"noopener\">world&#8217;s biggest seller of electric vehicles<\/a>.<\/p>\n<p><a id=\"headline0\"\/>What you need to know today<a id=\"headline1\"\/>And finally&#8230;<\/p>\n<p>Sermitsiaq Mountain looms behind a row of houses in Nuuk, Greenland, on March 4, 2025.<\/p>\n<p>Odd Andersen | Afp | Getty Images<\/p>\n","protected":false},"excerpt":{"rendered":"A man walks past the Google signage outside the US tech giant&#8217;s Ananta office in Bengaluru, India, on&hellip;\n","protected":false},"author":3,"featured_media":501234,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[68226,4960,11732,64,81,73678,55034,69,144,8298,135,143,8113,147,145,8187,158,141,67,132,68,32322,7999],"class_list":{"0":"post-501233","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-alphabet-class-a","9":"tag-apple-inc","10":"tag-breaking-news-technology","11":"tag-business","12":"tag-business-news","13":"tag-byd-co-ltd","14":"tag-dax","15":"tag-donald-trump","16":"tag-dow-jones-industrial-average","17":"tag-greenland","18":"tag-markets","19":"tag-nasdaq-composite","20":"tag-netflix-inc","21":"tag-nvidia-corp","22":"tag-sp-500-index","23":"tag-stoxx-600","24":"tag-technology","25":"tag-tesla-inc","26":"tag-united-states","27":"tag-unitedstates","28":"tag-us","29":"tag-venezuela","30":"tag-world-markets"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115859305578518868","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/501233","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=501233"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/501233\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/501234"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=501233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=501233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=501233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}