2 years ago
Quick Take
- Both the S&P 500 and Nasdaq Composite are up truthful acold successful 2023; the S&P is up implicit 9%, portion the Nasdaq Composite is up 25% twelvemonth to date.
- However, the uptick successful the indices comes from conscionable the stocks of Alphabet, Amazon, Apple, Meta, Microsoft, Tesla, and Nvidia erstwhile digging person into the data.
- These 7 tech institution stocks are up $3.16 trillion, oregon 46%, since the commencement of the year, according to Jeroen Blokland, the laminitis of concern probe steadfast True Insights
- However, the combined marketplace headdress of each different 493 stocks successful the S&P 500 scale is down $0.85 trillion, oregon 3% this year, according to Blokland.
- Meanwhile, Nvidia saw an exceptional ascent this year, up implicit 158%, and connected May 25 saw 1 of the largest single-day marketplace headdress gains successful U.S. banal marketplace history, according to Bloomberg and Yahoo Finance information gathered by Statista.
Big Tech Market Cap: (Source: Bloomberg)
Nvidia marketplace headdress leap (Source: Statista)The station S&P, Nasdaq soar successful 2023 acknowledgment to large tech stocks appeared archetypal connected CryptoSlate.
English (US) 