In 2024, Nvidia, Meta, Microsoft, and Amazon have significantly influenced the Nasdaq 100's performance, accounting for over 90% of the index's market capitalization gains. The Nasdaq 100 has seen an increase of approximately $1.6 trillion in market cap this year, with these four companies contributing around $1.5 trillion to this growth, representing 95% of the total increase. Nvidia's performance has been particularly notable, contributing to about a quarter of the S&P 500's 6% gain for the year. Meanwhile, the remaining 96 companies in the Nasdaq 100 have added just $75 billion in market cap, raising concerns about market health and diversity.
Is this cause for concern? Nasdaq 100 has added ~$1.6 trillion in market cap this year But just 4 companies accounted for more than 93% of the gains: $NVDA $META $MSFT $AMZN The remaining 96 companies have added just $75 billion in market cap... https://t.co/uZC1gZ7GIJ
The Nasdaq 100 index has added ~$1.6 trillion in market cap in 2024 thus far. But here's the crazy part: Just 4 companies have accounted for a whopping 95% of that YTD market cap gain. Nvidia, Meta, Microsoft, and Amazon have added a total of $1.5 TRILLION in market cap in… https://t.co/byIbjF3pHH
Nvidia's rise has contributed to ~a quarter of the S&P 500's 6% gain for the year https://t.co/8wUbOQl40G
$NVDA, $META, $MSFT and $AMZN accounted for more than 90% of the market cap gains in the Nasdaq 100 this year, per Tavi Costa. https://t.co/0eFKiXS4lC
$NVDA $META $MSFT $AMZN accounted for more than 90% of the market cap gains in the Nasdaq 100 this year. https://t.co/RVTFoSfqsw
Four companies have accounted for over 90% of the market cap gains in the Nasdaq 100 this year. https://t.co/zT2CASCjnr