Good news for stock-market bulls: Corporate earnings growth is no longer being driven just by tech
Reported by MarketWatch · marketwatch.com · August 10, 2026
For years, the S&P 500’s earnings engine had only one driver: the “Magnificent Seven.” This quarter, the rest of the market has started pulling its weight.
What the tape says
What to watch: AI infrastructure spend continues to concentrate in compute, memory, and power equipment.
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