Reported 12 months ago
As of last Friday, the S&P 500 index has increased by 14% in the first half of the year, driven by the AI boom, with just five tech giants including NVIDIA, Microsoft, Amazon, Meta Platforms, and Apple contributing almost 60% of the market gains, of which NVIDIA alone accounts for 31%. This concentration of gains raises concerns about market health and stability, with differing opinions among investment strategists on the implications of this dominance on market performance.
Source: YAHOO