Europe has been left in the dust. ASML, ASML, just became the THIRD company in Europe's history to hit $500 billion in market cap. Meanwhile, Nvidia, NVDA, casually swings $500 billion in market cap per day, and is 9 TIMES the size of ASML. In fact, ASML wouldn't even make the top 15 list in the US. OpenAI alone, a private company, is roughly the size of Europe's 2 largest public companies COMBINED. Innovation in Europe has come to a halt.(The Kobeissi Letter)