Buybacks – Announced Share Repurchases for S&P 500 Companies

Buybacks – Announced Share Repurchases for S&P 500 Companies In 2025, U.S. companies are announcing record share buybacks, with repurchases projected to surpass $1 trillion for the year—a move intended to support stock prices, improve financial metrics, and reassure investors. Image: J.P. Morgan

Earnings Surprises of S&P 500 Companies

Earnings Surprises of S&P 500 Companies This quarter’s earnings season demonstrates continued resilience in corporate profitability. 51% of S&P 500 companies have beaten Q1 earnings estimates by at least 1 stdev., while 12% have missed by at least 1 stdev. Image: Goldman Sachs Global Investment Research

Top Five Companies % of S&P 500 Market Capitalization

Top Five Companies % of S&P 500 Market Capitalization The S&P 500 is experiencing unprecedented levels of concentration. While the concentration presents potential risks, the fundamentals of the top 5 companies remain strong, with elevated profit margins and robust cash flow generation. Image: Deutsche Bank

Capital Expenditure by Magnificent Seven Companies vs. Share Price Index

Capital Expenditure by Magnificent Seven Companies vs. Share Price Index Major U.S. tech companies are maintaining their focus on AI infrastructure investment, even as DeepSeek’s breakthroughs raise questions about spending sustainability. Image: Goldman Sachs Global Investment Research

Seven Largest Companies as Share of S&P 500 Total Market Capitalization

Seven Largest Companies as Share of S&P 500 Total Market Capitalization The seven largest stocks in the S&P 500 index account for 33% of its total market capitalization. While this high concentration doesn’t necessarily predict market downturns, it can potentially lead to increased volatility. Image: Goldman Sachs Global Investment Research

Earnings of Tech Companies

Earnings of Tech Companies While U.S. tech stocks are riding a wave of strong performance driven by both hype and solid earnings fundamentals, non-tech stocks face prolonged stagnation in earnings. Image: Topdown Charts

Proportion of Companies Beating Earnings Estimates

Proportion of Companies Beating Earnings Estimates In Q3 2024, the proportion of U.S. corporate earnings exceeding expectations reached 77%, while in Europe, it was 62%, both surpassing their historical median levels. In contrast, the proportion in Japan was only 39%. Image: Deutsche Bank Asset Allocation