a16z's State of Markets II finds tech powering S&P 500 earnings as AI spending shifts to hardware

a16z's State of Markets II finds tech powering S&P 500 earnings as AI spending shifts to hardware

a16z's State of Markets II finds tech drove about 76% of S&P 500 earnings growth in 2026 as hyperscaler capex shifts spending toward AI hardware.

a16z’s State of Markets II finds tech powering S&P 500 earnings as AI spending shifts to hardware

The shift towards AI hardware spending could increase market volatility, as tech's dominance ties broader market performance to its fortunes. The post a16z’s State of Markets II finds tech powering S&P 500 earnings as AI spending shifts to hardware appeared first on Crypto Briefing .