Part 2/13:
The Mega Cap Companies as Breakthrough Stories
This rally invites a reflection on the transformational shifts that have historically propelled companies like Apple, Amazon, and Nvidia into the mega-cap dominions. Each of these firms was once steadier performers with modest sales and profits before breakthrough innovations catalyzed their exponential growth.
Apple’s iPhone revolutionized consumer electronics, Amazon transformed e-commerce and cloud services, and Nvidia’s GPUs became central to gaming, AI, and data centers. Their stories suggest that Tesla could be on the cusp of a similar breakthrough.