A Handful of AI Giants Are Powering the Market’s Earnings Surge
WSJ Tech News Briefing

A Handful of AI Giants Are Powering the Market’s Earnings Surge

B2Upper-intermediateOctober 28, 20269 min
  • Business & money

S&P 500 third-quarter earnings are expected to grow about 30% year-over-year. However, just ten companies—led by AI chipmakers like Nvidia and Broadcom—account for two-thirds of those total profits, highlighting the market's heavy reliance on the AI boom and its costly infrastructure. WSJ reporter Hannah Erin Lang explains what this earnings concentration means for investors. Julie Chang hosts. Sign up for the WSJ's free Technology newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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I'm Julie Chang for the Wall Street Journal.

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According to facts that S&P 500 third quarter earnings are expected to rise 30% year over

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0:00

Welcome to Tech News Briefing. It's Wednesday, October 28. I'm Julie Chang for the Wall Street Journal. It's earnings season and Wall Street is feeling optimistic.

0:14

According to facts that S&P 500 third quarter earnings are expected to rise 30% year over year. But there's a catch. The boom is being driven by just a handful of AI giants.

0:28

Just 10 companies account for roughly two-thirds of corporate profit growth, according to a Dow Jones market data analysis. But how long can they keep it up? WSJ reporter Hannah Aaron Lang joins us now to break down this concentration in corporate

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