Ross Gerber Cites Data to Make a Point: Take Out Alphabet and Amazon, S&P 500 Earnings Growth Looks Far Less Impressive
Last week, Ross Gerber cited FactSet data showing Alphabet and Amazon drive 71% of S&P 500 Q2 earnings growth.
Just two big tech companies are driving most of the profit growth for the whole S&P 500 stock group right now. When you look at where companies are making more money, watch whether these two keep leading or if other companies start catching up.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.