Most of the tech companies, like Microsoft, X, Meta AI, and
OpenAI, are driving the U.S. stock market.
The shocking part is that these companies' contribution was bigger than 60% of the S&P 500.
The rough sketch is:
• Nvidia adds 2.6 percentage points in the S&P 500.
• Microsoft adds 1.6 percentage points.
• Meta adds 0.9 percentage points.
• Broadcom 0.8 points
Total (AI four) → 6 points, which is exactly 60%.
These tech companies are boosting the U.S. stock market (NASDAQ and NYSE).
The main reason is, as we know, AI demand is worldwide, and everyone wants to buy those AI chips, which boosts tech profits, especially Nvidia — only Nvidia adds 2.6% points.
My personal opinion is that if you want to grow your wealth, buy these tech companies' shares, fast step. Imagine this: only Nvidia owns 26 percentage points of the S&P 500 stock market. Nvidia is the only supplier; its shares will definitely grow.
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