Five Tech Stocks Account for Half of S&P 500 Gains Since April
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- S&P 500 gained 142% since May 2024 but only 16% after removing AI stocks entirely.
- Five stocks alone accounted for 50% of all S&P 500 gains since April 1 this year.
- AI investment drove 67% of all US economic growth in Q1 2026 leaving GDP flat without it.
The S&P 500 has gained 142% from May 2024 to June 2026. However, when AI stocks are striped out, that figure collapses to 16%. The rest of the market, hundreds of companies across dozens of sectors, contributed almost nothing to one of the biggest bull runs in modern history.
Five stocks alone have accounted for roughly 50% of all S&P 500 gains since April 1. The index added $10 trillion in market cap in just 29 days. Semiconductor and AI stocks are surging 100% or more within weeks.
Source: X
The dependence goes beyond stock prices. In Q1 2026, US GDP grew 2.0%. AI-driven technology investment contribute…
Read The Full Article Five Tech Stocks Account for Half of S&P 500 Gains Since April On Coin Edition.
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