Reported about 11 hours ago
As the earnings reports for the Magnificent Seven begin, only Nvidia is projected to significantly contribute to S&P 500 growth this quarter, signaling a potential end to their exceptional growth phase. Last year, several companies within this group were major drivers of profit growth for the S&P 500, but the earnings growth gap between them and the rest of the index is narrowing. As competition increases and broader market performance improves, the relevance of the Magnificent Seven's profitability may diminish.
Source: YAHOO