Rest of S&P 500 set to outpace Magnificent Seven in earnings growth for first time since 2022
FROM THE WIRE · SEEKINGALPHA.COM
[Stock market activity shows price changes and trading movements in real time] FabrikaCr The rest of the S&P 500 (XMAG [https://seekingalpha.com/symbol/XMAG]) is poised to dethrone Wall Street’s mega-cap tech giants (MAGS [https://seekingalpha.com/symbol/MAGS]) in profit growth…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA shift in earnings growth between megacaps and the rest of the index can affect market rotation.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01According to FactSet, the other 493 S&P 500 companies are projected to grow earnings 30.6% in Q4 2026.
- 02The Magnificent Seven are expected to grow 23.6% in the same period.
- 03It would be the first time in four years the rest of the index outpaces the megacap tech giants.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
State Street SPDR S&P 500 ETF766.60 USDMarket closedtoday +0.44%Positive S&P 5007,691.39-0.21%today +0.42%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets