Big Tech, including Nvidia and Microsoft, leading S&P 500 recovery with strong earnings

From Yahoo Finance: 2025-06-01 11:00:00

Technology giants like Nvidia and Microsoft are driving the recovery of the S&P 500, with strong earnings and positive revenue outlooks. The Magnificent Seven stocks, including Apple and Amazon, are outperforming the index, responsible for nearly half of the S&P 500’s 19% rally since April. Despite concerns about tariffs and high valuations, experts predict Big Tech will continue to lead the market higher due to increased spending on AI computing. Profit estimates for the Magnificent Seven in 2025 are stable, with projected growth of 15%, attracting investors seeking secular growth opportunities.



Read more at Yahoo Finance: Big Tech Is Back in S&P 500 Driver’s Seat as Profit Engines Hum