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S&P 500 Surpasses Year-End Predictions, Concerns Grow Over Possible ‘Meltdown’

Less than a month into 2024, the S&P 500 has already surpassed Wall Street’s consensus forecast for the index’s closing point this year, an increase that even veteran bulls find unbearable. Due to the rise of NDVA (NDVA-US) and Microsoft (MSFT-US), the S&P 500 index rose for the fifth consecutive day on Wednesday (24th), surpassing […]

The “Big Seven” Tech Companies: Drivers of S&P 500’s Rise and Potential Bubble

The “Big Seven” Technology Stocks: Are They in a Bubble? The technology sector has been the driving force behind the recent surge in the S&P 500 index. The so-called “Big Seven” technology companies, which carry the largest weighting in the index, have played a major role in this upward trend. However, Tesla (TSLA-US), one of […]