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Barrett Gardener
@justbarrett · 26 sept.

The S&P 493 index, the S&P 500 index excluding the 7 largest technology stocks, is up just 4% this year. $SPY

While the S&P 7, also known as the 7 largest companies in the S&P 500, rose 52%.

Taken together, the S&P 500 index as a whole is up 13% this year.

The seven largest stocks in the S&P 500 now account for a whopping 34% of the value of the entire index.

Without these 7 stocks, the S&P 500 Index is essentially FAT and almost unchanged this year.

What happens if the AI excitement and hype around it fades?

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RR

Judging by $META s latest event, the AI hype is far from over, it's about time.

BG

Yes, it is.

BC

It's interesting and sometimes it scares me a little. However, I know that these are quality companies and their stocks have been going up for a long time and they have been pulling up the index for a long time.

BG

It scares me sometimes too, but hold on, it's always been the giants that have pulled the SNP the most, so we'll have to put up with it. :)

AA

The big companies are still on top and for example $AAPL has looked at all new highs. I'm curious if anything will ever replace them and what it will be.

BG

Personally, I think they'll still be in the limelight.

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