According to @KobeissiLetter, earnings of the Magnificent 7 have surged +145% since ChatGPT’s November 2022 debut, compared with just +4% profit growth for the remaining 493 S&P 500 companies over the same period. Source: The Kobeissi Letter. According to @KobeissiLetter, this gap is described as unprecedented and underscores concentrated profit momentum in mega-cap, AI-exposed technology leaders that traders monitor for market leadership and risk appetite. Source: The Kobeissi Letter.