Reported 3 days ago
Big Tech is once again boosting the S&P 500, with a strong earnings season led by companies like Nvidia and Microsoft, contributing significantly to the market's rebound. Despite initial fears of tariffs and overvaluation, analysts remain optimistic about continued growth in tech, fueled by robust demand and advancements in artificial intelligence. The Magnificent Seven stocks, which comprise a third of the S&P 500, are leading the rally, although some key players like Apple and Amazon face challenges. Overall, investors are hopeful for a sustained recovery through the rest of the year.
Source: YAHOO