The Kobeissi Letter|Dec 02, 2025 21:39
This is historic:
The Magnificent 7 stocks have rallied +300% since the launch of ChatGPT on November 30, 2022.
This is more than 4 TIMES the S&P 500’s +72% return.
The Nasdaq 100 has risen +120% during this period.
Furthermore, the Magnificent 7 have even outperformed silver and gold, whose prices have gained +173% and +142%, respectively.
The only asset that has outperformed the Magnificent 7?
Bitcoin, which has rallied +426% since ChatGPT's launch.
We are witnessing history on many fronts.(The Kobeissi Letter)
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