Reported 14 days ago
The S&P 500 index is heavily influenced by five major companies—Apple, Microsoft, Nvidia, Amazon, and Alphabet—whose combined market capitalization accounts for 27.1% of the index. With a strong focus on artificial intelligence, these companies are investing significantly in AI technologies, driving their stock prices and influencing the index's performance. As of now, these companies are experiencing substantial gains, largely attributed to their advancements in AI.
Source: YAHOO