Mian: NVDA & MU Add to SPX Growing Reliance on Tech Profits

Sheraz Mian of Zacks Investment Research breaks down why the U.S. economy and earnings outlook remain resilient, with more than a third of S&P 500 profits coming from tech. He points to Nvidia (NVDA) and Micron (MU) as key drivers, accounting for roughly half of this year’s growth. He also covers how shifting oil prices are affecting energy estimates and what AI-driven capital spending means for the broader market.

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