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After Apple’s Surge, Market Concentration Is Only Getting Worse

After Apple’s Surge, Market Concentration Is Only Getting Worse

At the end of May, the top three stocks in the —Microsoft, Nvidia, and Apple—made up 20% of the index for the first time. For many it appears that it’s Nvidia’s world, and we’re just living in it. Such a high concentration implies that if Nvidia continues to rise, then things are fine.