business
Nvidia, Micron, and Broadcom hold the stock market's fate in the palm of their hands
Key takeaways
- Quick insight: Goldman Sachs strategist Ben Snider estimated that AI infrastructure stocks will contribute nearly 60% of S&P 500 (^GSPC) EPS growth this quarter.
- The top 10 contributing stocks are expected to account for nearly 75% of total S&P 500 earnings growth in Q2, with Micron, Nvidia, Exxon (XOM), and Broadcom (AVGO) accounting for about 54%.
- The why: Investors will have a lot to assess as second quarter reporting season kicks off in mid-July.
Nvidia, Micron, and Broadcom hold the stock market's fate in the palm of their hands Brian Sozzi · Executive Editor Mon, June 29, 2026 at 8:07 PM GMT+7 1 min read MU NVDA AVGO GOOGL ^GSPC Micron (MU) and Nvidia (NVDA) best deliver come earnings day, or else.
Quick insight: Goldman Sachs strategist Ben Snider estimated that AI infrastructure stocks will contribute nearly 60% of S&P 500 (^GSPC) EPS growth this quarter.
The top 10 contributing stocks are expected to account for nearly 75% of total S&P 500 earnings growth in Q2, with Micron, Nvidia, Exxon (XOM), and Broadcom (AVGO) accounting for about 54%.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Also covered by
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop