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Top 10 US Companies Capture Record Share of S&P 500 Earnings While Holding Massive Market Weight

What happened

A small group of dominant U.S. companies now controls an outsized portion of both the S&P 500’s overall value and its profits. The top 10 US stocks now represent 40% of the index’s total market capitalization while generating a record 38% of its earnings, reports The Kobeissi.

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