The answer is envy – one of the seven deadly sins. This chart shows why they are so green with jealousy:

Six of the seven had monster returns last year. Europe’s stock market flatlined. These companies alone have a market cap that approaches all the publicly traded companies in Europe.

Here’s a quick explanation for why we dominate in nearly every area of tech, including social media, search engines, cell phones, AI, bioengineering, and robotics: we innovate. Europe regulates.

The latest regulatory assault is the EU’s sham lawsuit against Apple as a monopolistic force, because iPhones are so popular in Europe. The EU regulators want to force Apple to put Apps on their devices.

The Biden regulators applauded these assaults against U.S. tech companies. Our hope is that the Trump administration retaliates against these “poor loser” lawsuits by our foreign competitors.