Nvidia Now Outweighs 256 S&P Companies Combined―This Is Getting Extreme
Nvidia outweighs the 256 smallest S&P 500 companies, yet earns about 40% of their combined operating profit as market concentration hits historic levels.
Nvidia is now so huge that one company weighs more than 256 smaller ones combined. Even though it makes less profit than all of them together, this shows the stock market is very focused on just a few giant companies.
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.