首页 News 正文

Unprecedented! The weight of the "Big Six" in the S&P 500 index has reached 30%

米哈伊尔叔叔
1255 0 0

The "falling behind" of Tesla's stock price this year has made the concept of the "Big Seven" in the US stock market seem outdated. But the other tech stocks, the "Magic Six," are currently holding up a larger proportion of the market
A set of latest industry statistics shows that the weight share of the six major US technology giants in the S&P 500 index is higher than ever before!
According to data compiled by the media, Microsoft, Apple, Nvidia, Google's parent company Alphabet, Amazon, and Meta currently account for approximately 30% of the weight of the S&P 500 index, which is higher than about 26% at the beginning of the year. The S&P 500 index is calculated weighted by stock market value.
Behind this weight change, it is largely attributed to the recent sustained rise in Nvidia's stock price. The company released another excellent financial report after Wednesday's trading last week - revenue, profit, and Q2 guidance all exceeded market expectations. At the same time, the company also announced its latest stock split plan of 1 to 10.
Since then, Nvidia's stock price has risen by nearly 20%. This chip manufacturer, which has been a hot topic in recent years, has seen its market value climb by about $1.6 trillion this year, and is likely to surpass Apple in the near future to become the second highest valued company in the world.
Are technology giants increasingly influential in the market?
It is worth mentioning that although giant companies have long dominated the S&P 500 index, they have never reached such an exaggerated level before.
For most of the past thirty years, the combined weight ratios of the top six heavyweight stocks in this benchmark index have not exceeded ten percent. It was not until 2020 that the above concentration level exceeded 20% for the first time.
Another noteworthy sign of market changes is that even at the height of the Internet foam in 2000, only three of the six major heavyweights were technology companies, rather than being "wiped out" by technology giants today. In addition to Microsoft, Cisco Systems and Intel, the six major heavyweight stocks at that time also covered enterprises in different fields such as General Electric, ExxonMobil and Wal Mart.
And it is obvious that as the index weight composition becomes increasingly concentrated in a few technology companies, while people are expected to enjoy more dividends from technological innovation waves such as AI, risks may also be accumulating.
Global investors continue to flock to the aforementioned technology giants this year, mainly because they are betting that due to their huge market size and financial strength, they are in the best position to use artificial intelligence technology to expand revenue. But if this wave recedes in the future, the impact it faces may also be infinitely magnified.
A recent comparison has shown that although Nvidia's consecutive record highs have kept the S&P 500 index near historical highs, heavyweight indices such as the S&P 500 have shown clear signs of a pullback. Nvidia's strength largely overshadows the fatigue exhibited by its broader index components, which may be worth paying attention to at present.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
您需要登录后才可以回帖 登录 | 立即注册

本版积分规则

  • 【科技记者古尔曼:苹果计划于12月第一周发布iOS 18.2系统更新 带来更多人工智能功能】科技记者古尔曼透露,苹果计划于12月第一周发布iOS 18.2系统更新。iOS 18.2将为iPhone 15 Pro机型和所有iPhone 16机型带来更多 ...
    cristianna
    昨天 17:32
    支持
    反对
    回复
    收藏
  •   为期超七周的大罢工终于落下帷幕。   当地时间11月4日,波音美国西海岸工厂工人们就改进后的合同提案投票。   随后,代表着波音超过33000名西雅图地区机械师的IAM工会经表决,以59%的同意票决定接纳波音提 ...
    cristianna
    2 小时前
    支持
    反对
    回复
    收藏
  •   近日,爱立信中国区总裁方迎在接受《经济参考报》记者采访时表示,5G技术在全球范围内得到了迅速发展,但面临商业潜力未能充分挖掘、网络运营难度较以往更高两大挑战。因此,运营商在继续5G网络部署的同时,应关 ...
    blueskybb
    昨天 15:05
    支持
    反对
    回复
    收藏
  •   “新四化”的时代浪潮下,新能源汽车行业百家争鸣。伴随着自主品牌不断崛起,合资品牌当下的生存状况备受外界关注,如何打好电动化时代的突围战,成为合资品牌的新课题。   作为国内合资车企的代表之一,上汽 ...
    mbgg2797
    4 小时前
    支持
    反对
    回复
    收藏
米哈伊尔叔叔 新手上路
  • 粉丝

    0

  • 关注

    0

  • 主题

    2