Big Tech dominated earnings season:
The S&P 500's total market cap has surged +$1.75 trillion since Q2 earnings season began on July 13th.
The Technology sector alone accounts for +$1.39 trillion of that gain, or ~79% of the total.
Within tech, Microsoft, $MSFT , and Nvidia, $NVDA , added a combined +$1.42 trillion in market cap over this period.
By contrast, the other 71 stocks in the sector lost a combined -$22.3 billion.
Health Care added +$345.2 billion in value, followed by Financials at +$192.7 billion and Energy at +$174.7 billion.
On the other hand, Communication Services lost -$299.6 billion, followed by Utilities at -$88.5 billion and Industrials at -$67.3 billion.
Big Tech has never been bigger.$NVDA
$MSFT
The S&P 500's total market cap has surged +$1.75 trillion since Q2 earnings season began on July 13th.
The Technology sector alone accounts for +$1.39 trillion of that gain, or ~79% of the total.
Within tech, Microsoft, $MSFT , and Nvidia, $NVDA , added a combined +$1.42 trillion in market cap over this period.
By contrast, the other 71 stocks in the sector lost a combined -$22.3 billion.
Health Care added +$345.2 billion in value, followed by Financials at +$192.7 billion and Energy at +$174.7 billion.
On the other hand, Communication Services lost -$299.6 billion, followed by Utilities at -$88.5 billion and Industrials at -$67.3 billion.
Big Tech has never been bigger.$NVDA
$MSFT
