So-called Big Tech stocks with outsized weightings in the S&P 500 were rising sharply Wednesday, with gains led by Nvidia Corp. The Roundhill Magnificent Seven ETF, whose portfolio equally weights seven Big Tech stocks — Nvidia,

Wall Street's indexes rose on Wednesday, with the benchmark S&P 500 hitting an intraday record high as investors cheered streaming video provider Netflix's quarterly report and President Donald Trump's private-sector artificial intelligence infrastructure investment plan.

Bets against communication services stocks fell in December compared to the end of November, with Charter Communications (CHTR) being the most shorted stock in the sector and Google-parent Alphabet (GOOG) taking the spot for the least shorted.

The S&P 500 advanced 0.6% on Wednesday, Jan. 22, 2025, following the announcement of major AI investments and a string of positive earnings releases.

The S&P 500 and Nasdaq have both felt pressure as shares of major tech companies came under pressure Monday. Investors continue to keep a close eye on rising Treasury yields, which heighten worries about valuations, particularly for some of the market's most highly valued names.

The current top five companies in the S 500 account for a greater chunk of the index than at any time over the last 60 years.

Artificial intelligence (AI) was a market-driving theme last year, with AI stocks helping the S&P 500, the Nasdaq, and the Dow Jones Industrial Average each soar in the double digits. Companies selling AI tools and services saw earnings climb -- and investors piled into these players.

If the Magnificent Seven continues to produce outsize returns, the Mega Cap Growth ETF will probably beat the S&P 500 again in 2025. But the more stock prices outpace earnings growth, the more extended valuations become, which can pressure companies to deliver incredible results.

Investing in the US stock market from India can be done with exposure to exchange-traded funds listed on US stock market exchanges.

U.S. stocks rallied on Friday (January 17) to close out a strong week on optimism over the health of the economy and path of interest rates as investors braced for a slew of policy changes under the incoming Trump administration.

Digital innovations in the field of artificial intelligence (AI) drove tech-focused companies to new records on the stock market.

Cramer also discussed the S&P 500’s performance this year ... known for creating custom chips for major cloud companies like Google. It also manufactures essential networking equipment to link thousands of AI chips in server clusters.