🎉S&P 500 Bounces Back: Contributors vs. Draggers - Which Surprised You Most?

Hello Tigers

As of May 15, 2025, the $S&P 500(.SPX)$ has recouped its losses for the year, rising by 0.6%. Have you outperformed the market?

Based on Bloomberg data, we have compiled the top 10 stocks that have made the highest overall contribution to the S&P 500 Index since the 2025.

As shown on the below , we can see that $Microsoft(MSFT)$ has contributed the most, $Meta Platforms, Inc.(META)$ ranks second, $Palantir Technologies Inc.(PLTR)$ has the highest increase, and $Uber(UBER)$ , though having the smallest market cap, has a significant upside.

Overall, in addition to the technology stock $Netflix(NFLX)$ , there are 3 financial industry companies $Berkshire Hathaway(BRK.B)$ , $JPMorgan Chase(JPM)$ , $Visa(V)$ , in addition to $Philip Morris(PM)$ , and $GE Aerospace(GE)$ are also very bright.

Reasons for the Rising Stocks:

• $Microsoft(MSFT)$ : As one of the world’s largest software companies, Microsoft’s continuous innovation and market dominance in cloud computing, AI, and office software have led to robust growth. Its expanding Azure cloud service market share has driven overall revenue increases.

• $Meta Platforms, Inc.(META)$ : Despite competition in the social media industry, Meta’s strategic layout in advertising and the metaverse has kept it growing. Its rising ad revenue and investment in emerging technologies have maintained its market competitiveness.

• $Palantir Technologies Inc.(PLTR)$ : Focusing on data analysis and AI, Palantir’s expanding applications among government and corporate clients have driven its significant stock price increase.

• $Uber(UBER)$ Though its market cap is relatively small, Uber’s continuous growth in ride-sharing and food delivery has made it a market focus. Its expansion in emerging markets and innovative business model have led to strong stock performance.

• $Netflix(NFLX)$ : As a global leader in streaming services, Netflix’s user growth and content innovation worldwide have kept its market valuation high.

• $Berkshire Hathaway(BRK.B)$ : As Buffett’s investment holding company, Berkshire’s diversified industry layout has led to strong performance amid market volatility. Its stable insurance business and investment portfolio have made it a key support for the S&P 500 Index.

• $JPMorgan Chase(JPM)$ : As one of the world’s largest banks, JPMorgan’s dominant position in financial markets has led to stable growth. Its diversified business in investment banking, retail banking, and asset management has kept it competitive.

• $Visa(V)$ : As one of the world’s largest payment networks, Visa’s continuous innovation and market expansion in digital payments have led to steady growth. Its global payment solutions and technological innovation have kept it in a leading position.

• $Philip Morris(PM)$ : As a global leader in the tobacco industry, Philip Morris’s continuous expansion in international markets and product innovation have kept its market valuation high.

• $GE Aerospace(GE)$ : As a global leader in aerospace and industrial equipment manufacturing, GE’s technological innovation and market expansion in aerospace have led to steady growth.

Meanwhile, we have also sorted out the top 10 stocks that have had the greatest negative impact on the $S&P 500(.SPX)$ performance since the start of the year.

Among them, $Apple(AAPL)$ has had the most significant drag on the $S&P 500(.SPX)$ . $UnitedHealth(UNH)$ , though having the largest decline, ranks second in terms of negative impact. $Tesla Motors(TSLA)$ , with a 13% drop, ranks third in terms of negative impact.

Alphabet’s A class $Alphabet(GOOG)$ and C class $Alphabet(GOOGL)$ stocks, despite their relatively lower valuations, have still had a significant negative impact. Next are $Amazon.com(AMZN)$ , $Eli Lilly(LLY)$ . In addition, several small-cap stocks have made the list for their negative influence: $Merck(MRK)$ , $Thermo Fisher Scientific(TMO)$ , and $Salesforce.com(CRM)$ .

Reasons for the Falling Stocks:

• $Apple(AAPL)$ : Despite its still solid market position in smartphones and consumer electronics, Apple’s stock has been significantly dragged down by global supply chain issues and intensified market competition.

• $UnitedHealth(UNH)$ : As a large health insurance company, UnitedHealth’s performance has been pressured by intensified competition in the health insurance market and policy changes, leading to a significant stock decline.

• $Tesla Motors(TSLA)$ : Despite its still high market valuation due to technological innovation and market expansion in the electric vehicle field, Tesla’s stock has been hit by intensified market competition, supply chain issues, and regulatory pressures, resulting in a large drop.

• $Alphabet(GOOG)$ : Despite its still solid market dominance in search engines and ad business, Google’s stock has been significantly dragged down by intensified market competition and regulatory pressures.

• $Amazon.com(AMZN)$ : As one of the world’s largest e-commerce companies, Amazon’s growth has slowed due to intensified market competition and rising logistics costs, leading to poor stock performance.

• $Eli Lilly(LLY)$ : As a large pharmaceutical company, Eli Lilly’s performance has been challenged by pressures in new drug R&D and market competition, leading to a stock decline.

• $Merck(MRK)$ : As a large pharmaceutical company, Merck’s performance has been challenged by pressures in new drug R&D and market competition, leading to poor stock performance.

• $Thermo Fisher Scientific(TMO)$ : As a large scientific services company, Thermo Fisher’s growth has slowed due to market competition and rising costs, leading to a stock decline.

• $Salesforce.com(CRM)$ : As a leading cloud computing and customer relationship management software company, Salesforce’s growth has slowed due to intensified market competition and customer loss, leading to poor stock performance.

“Contributors” and “draggers,” which stocks have you bet on, Tigers, and have you outperformed the market?

Will the market continue to rise with the support of “contributors,” or will it keep falling due to the drag of “draggers” in the future?

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