In just the last week, the blended earnings growth rate of S&P 500 earnings has leapt from 15% to 27%. All the increase has come from positive EPS surprises from three companies: Alphabet (GOOG), Amazon (AMZN) and Meta Platforms (META). According to FactSet, these three ‘Mag 7’ companies alone accounted for a whopping 71% of … Continue reading ‘Mag 7’ boost US Q1 earnings growth to 27%