Tech Stocks on Fire: Apple Is Worth $3 Trillion

The video discusses the significant gains in the NASDAQ 100, driven by mega cap tech stocks and AI enthusiasm. It highlights the market's focus on these stocks, questioning if fundamentals align with valuations. Apple's $3 trillion market cap exemplifies big tech's dominance, but also raises concerns about market concentration risks. Despite these concerns, the fundamentals of these companies remain strong, with growth in areas like cloud computing and ecommerce.

What are the main drivers of growth for technology companies mentioned in the text?

What concerns are raised regarding the top-heavy nature of the market?