A handful of AI companies now carry most of the US stock market. Every warning, selloff and record quarter in one place.
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Wall Street closed lower to end a rocky week and an analyst published a rare sell call on Nvidia, naming concentration as the risk.
A worked-numbers explainer showed 7 AI-linked companies now hold more than a third of the S&P 500, a bigger share than the 1973 or 2000 peaks.
US tech stocks had their worst day since June after Meta's earnings reignited fears that Big Tech is spending far more on AI than it earns back. We lined up the four biggest spenders' 2025 and 2026 numbers against their disclosed AI income, and checked how much of that bet already sits inside ordinary retirement accounts.
Read the storyThe S&P 500 is sitting at record highs. Michael Burry, the investor from The Big Short, says that is what denial looks like, and that in 2000 and 2008 this stage lasted six to nine months.
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