September 24, 2023
The top 5 stocks now reflect 24% of the entire S&P 500's market cap.
This is the same exact level seen in 2020 prior to the pandemic related crash.
In 2008, the top 5 companies reflected just ~14% of the S&P 500's market cap.
In 2000, which is widely considered one of the largest bubbles of all time, the top 5 stocks reflected ~19% of the S&P 500.
Markets are being held up by a few big names.
All of these names are AI-hype based.
35 queries taking 0.1364 seconds, 153 records returned.
Powered by Minx 1.1.6c-pink.