Tag
Market Concentration
3 articles
Microsoft and Nvidia Prop Up S&P 500 as Breadth Collapses
Since July 13, Microsoft and Nvidia have accounted for $1.42 trillion of the S&P 500's $1.75 trillion gain, masking severe weakness across most other stocks.
Nvidia Accounts for Two-Thirds of S&P 500 Earnings Growth, Raising Concentration Risk
Strip out Nvidia's contribution and the S&P 500's projected second-quarter earnings growth drops from 9 percent to 3 percent—a structural imbalance the data makes hard to dismiss.
Magnificent Seven Drive 60% of S&P 500 Gains as 493 Stocks Lag Behind
Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta and Tesla generated most index earnings growth, creating concentration risk for diversified portfolios