One Tech Giant Is Powering Most of the Stock Market's Recent Profit Growth

One Tech Giant Is Powering Most of the Stock Market's Recent Profit Growth

2026-07-27 companies

New York, Monday, 27 July 2026.
Alphabet drove 92% of the S&P 500’s recent profit growth, fueled by a $98 billion paper gain on its SpaceX investment, highlighting extreme market concentration.

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S&P 500 growth Alphabet earnings