<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/05/image-68-1.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/05/image-68-1.png"/></p>
<p>标准普尔 500 指数及其顶级 ETF 如 SPY、IVV 和 VOO 在今年表现良好，自 4 月份的最低点上涨超过 40%，自 1 月份水平上涨 16%。</p>
<h2>为什么标准普尔 500 指数及 ETF 如 VOO 和 SPY 大幅上涨</h2>
<p>尽管面临重大风险，包括唐纳德·特朗普的关税、高企的通货膨胀、持续的政府停摆以及劳动力市场的问题，该指数仍然大幅上涨。</p>
<p>此次反弹发生在唐纳德·特朗普大幅放弃了他的对等关税，并与包括中国和欧盟在内的公司达成协议。</p>
<p>最重要的是，随着公司宣布强劲的财务业绩，该指数上涨，第三季度的增长轨迹约为 13%。在过去四个连续季度中，增长均为两位数。</p>
<p>与此同时，标准普尔 500 指数及其 ETF 如 SPY 和 VOO 在美联储开始降息后上涨，这一举措预计将持续到今天。</p>
<p>最重要的是，随着投资者对人工智能（AI）利好消息的欢呼，该指数持续上涨，这帮助了像 Nvidia 和 AMD 这样的顶级公司。</p>
<p>本文将探讨一些推动标准普尔 500 指数在今年飙升的顶级公司。</p>
<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/12/sp-500-1-1024x579.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/12/sp-500-1-1024x579.png"/></p>
<p>标准普尔 500 指数图表 | 来源：TradingView</p>
<h3>Sandisk、西部数据、希捷和美光</h3>
<p>当提到人工智能概念时，Nvidia、AMD 和 Palantir 是人们首先想到的顶级公司。</p>
<p>虽然这些公司在今年表现良好，但在人工智能领域中那些不那么引人注目的科技公司才是推动标准普尔 500 指数及其 ETF 如 SPY 和 VOO 上涨的主要力量。</p>
<p>Sandisk 的股价在今年上涨了 525%，使其市值超过 320 亿美元。西部数据的股价上涨了 275%，市值达到 570 亿美元。希捷和美光科技的股票分别上涨了 225% 和 197%。</p>
<p>这些公司独特之处在于它们提供几乎相似的产品，这些产品在个人电脑和数据中心行业中被广泛使用。它们制造硬盘，这些硬盘在所有数据中心中都能找到。</p>
<p>它们的上涨是由于对这种存储的需求增加，因为微软、CoreWeave、Nebius、IREN、亚马逊和谷歌等公司继续在数据中心上大举投资。这个行业增长如此迅速，以至于美光决定放弃零售客户，专注于大型公司。</p>
<p>然而，风险在于这些公司在一个竞争激烈的行业中运营，这意味着如果人工智能热潮减缓，它们可能会经历急剧的逆转。未来几年可能会出现高库存和利润率下降的情况。</p>
<h3>Robinhood Markets (HOOD)</h3>
<p>Robinhood Markets 是另一家在今年帮助推动标准普尔 500 指数的顶级公司。该公司最近成为该指数的一部分，今年股价上涨了 252%，市值超过 800 亿美元。</p>
<p>该公司受益于在美国市场份额的增长以及全球扩张。本周，该公司收购了两家印尼公司，以寻求在当地扩大市场份额。</p>
<p>该公司还通过收购小型加密货币交易所 Bitstamp，进一步深入加密行业，希望继续发展并使其成为 Coinbase 和 Kraken 的强大竞争对手。它还在欧洲推出了几种代币化股票，并正在开发自己的第二层解决方案。</p>
<h3>Warner Bros. Discovery (WBD)</h3>
<p>Warner Bros. Discovery 是另一家在 2025 年帮助推动标准普尔 500 指数的顶级公司，其股价上涨了 168%。该公司今年表现良好，得益于 Netflix 和 Paramount Skydance 之间的持续竞标战。</p>
<p>在上周与 Netflix 达成协议后，Paramount Skydance 在周一提出了更优的报价。它计划将此报价直接提交给股东，股东们可能会批准该交易，因为它的报价超过 170 亿美元。</p>
<p>标准普尔 500 指数及其 ETF 如 SPY 和 VOO 中的其他顶级公司包括 Newmont，该公司因其对黄金的投资而上涨，黄金在今年创下历史新高。该指数中的其他顶级公司包括 Palantir、Lam Research、Applovin、Intel、Amphenal 和 KLA Corporation。</p>
<p>阅读更多：为什么 Paramount 和 Netflix 会为 Warner Bros 股票支付过高的价格？</p>
<p>文章《推动标准普尔 500 指数、SPY 和 VOO ETF 的顶级股票》首次发布在 Invezz 上。</p>

西部数据

HOOD

标普 500 ETF - SPDR

<p>在 2025 年，标准普尔 500 指数及像 SPY 和 VOO 这样的 ETF 从 4 月的低点上涨超过 40%，这得益于人工智能的进步和强劲的企业盈利。主要贡献者包括 Sandisk、西部数据、希捷、美光、Robinhood Markets 和华纳兄弟探索。此次反弹得到了美联储降息和人工智能发展的支持，推动了像 Nvidia 和 AMD 这样的公司。风险包括如果人工智能热潮放缓，可能会出现反转</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/05/image-68-1.png" alt="" original-src="https://invezz.com/wp-content/uploads/2025/05/image-68-1.png"/></p>
<p>The S&amp;P 500 Index and its top ETFs like SPY, IVV, and VOO have done well this year as they soared by over 40% from the lowest level in April and 16% from the January level.</p>
<div class="lb-trans"><p>标准普尔 500 指数及其顶级 ETF 如 SPY、IVV 和 VOO 在今年表现良好，自 4 月份的最低点上涨超过 40%，自 1 月份水平上涨 16%。</p>
</div><h2>Why the S&amp;P 500 Index and ETFs like VOO and SPY jumped</h2>
<div class="lb-trans"><h2>为什么标准普尔 500 指数及 ETF 如 VOO 和 SPY 大幅上涨</h2>
</div><p>The index has jumped despite having major risks, including Donald Trump’s tariffs, elevated inflation, prolonged government shutdown, and troubles in the labor market.</p>
<div class="lb-trans"><p>尽管面临重大风险，包括唐纳德·特朗普的关税、高企的通货膨胀、持续的政府停摆以及劳动力市场的问题，该指数仍然大幅上涨。</p>
</div><p>This rally happened as Donald Trump largely abandoned his reciprocal tariffs and made deals with companies, including China and the European Union.</p>
<div class="lb-trans"><p>此次反弹发生在唐纳德·特朗普大幅放弃了他的对等关税，并与包括中国和欧盟在内的公司达成协议。</p>
</div><p>Most importantly, the index jumped as companies announced strong financial results, with the third-quarter growth trajectory being about 13%. It grew by double digits in the past four consecutive quarters.</p>
<div class="lb-trans"><p>最重要的是，随着公司宣布强劲的财务业绩，该指数上涨，第三季度的增长轨迹约为 13%。在过去四个连续季度中，增长均为两位数。</p>
</div><p>At the same time, the S&amp;P 500 Index and its ETFs like SPY and VOO rose after the Federal Reserve started cutting interest rates, a move that is expected to continue today.</p>
<div class="lb-trans"><p>与此同时，标准普尔 500 指数及其 ETF 如 SPY 和 VOO 在美联储开始降息后上涨，这一举措预计将持续到今天。</p>
</div><p>Most importantly, the index continued rising as investors cheered the artificial intelligence (AI) tailwinds, which has helped boost top companies like Nvidia and AMD.</p>
<div class="lb-trans"><p>最重要的是，随着投资者对人工智能（AI）利好消息的欢呼，该指数持续上涨，这帮助了像 Nvidia 和 AMD 这样的顶级公司。</p>
</div><p>This article looks at some of the top companies that fueled the S&amp;P 500 Index boom this year.</p>
<div class="lb-trans"><p>本文将探讨一些推动标准普尔 500 指数在今年飙升的顶级公司。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/12/sp-500-1-1024x579.png" alt="" original-src="https://invezz.com/wp-content/uploads/2025/12/sp-500-1-1024x579.png"/></p>
<p>S&amp;P 500 Index chart | Source: TradingView</p>
<div class="lb-trans"><p>标准普尔 500 指数图表 | 来源：TradingView</p>
</div><h3>Sandisk, Western Digital, Seagate, and Micron</h3>
<div class="lb-trans"><h3>Sandisk、西部数据、希捷和美光</h3>
</div><p>Nvidia, AMD, and Palantir are the top names people think about when the concept of artificial intelligence is mentioned.</p>
<div class="lb-trans"><p>当提到人工智能概念时，Nvidia、AMD 和 Palantir 是人们首先想到的顶级公司。</p>
</div><p>While these companies did well this year, it is the less glamorous technology companies in the AI space that led the S&amp;P 500 Index and its ETFs like SPY and VOO this year.</p>
<div class="lb-trans"><p>虽然这些公司在今年表现良好，但在人工智能领域中那些不那么引人注目的科技公司才是推动标准普尔 500 指数及其 ETF 如 SPY 和 VOO 上涨的主要力量。</p>
</div><p>Sandisk stock price has jumped by 525% this year, pushing its market capitalization to over $32 billion. Western Digital stock price soared by 275%, with its market value hitting $57 billion. Seagate and Micron Technology stocks jumped by 225% and 197%, respectively.</p>
<div class="lb-trans"><p>Sandisk 的股价在今年上涨了 525%，使其市值超过 320 亿美元。西部数据的股价上涨了 275%，市值达到 570 亿美元。希捷和美光科技的股票分别上涨了 225% 和 197%。</p>
</div><p>These companies are unique in that they provide almost similar items, which are used widely in the personal computer and data center industries. They make hard drives, which are found in all data centers.</p>
<div class="lb-trans"><p>这些公司独特之处在于它们提供几乎相似的产品，这些产品在个人电脑和数据中心行业中被广泛使用。它们制造硬盘，这些硬盘在所有数据中心中都能找到。</p>
</div><p>Their rally is because of elevated demand for this storage as companies like Microsoft, CoreWeave, Nebius, IREN, Amazon, and Google continued spending heavily on data centers. This industry is growing so fast that Micron has decided to abandon retail clients to focus on large companies <strong>.</strong></p>
<div class="lb-trans"><p>它们的上涨是由于对这种存储的需求增加，因为微软、CoreWeave、Nebius、IREN、亚马逊和谷歌等公司继续在数据中心上大举投资。这个行业增长如此迅速，以至于美光决定放弃零售客户，专注于大型公司。</p>
</div><p>The risk, however, is that these companies operate in a highly competitive industry, meaning that they may experience a sharp reversal if the AI boom slows <strong>.</strong> There is a likelihood of elevated inventories and thinner margins in coming few years.</p>
<div class="lb-trans"><p>然而，风险在于这些公司在一个竞争激烈的行业中运营，这意味着如果人工智能热潮减缓，它们可能会经历急剧的逆转。未来几年可能会出现高库存和利润率下降的情况。</p>
</div><h3>Robinhood Markets (HOOD)</h3>
<div class="lb-trans"><h3>Robinhood Markets (HOOD)</h3>
</div><p>Robinhood Markets is another top company that helped to boost the S&amp;P 500 Index this year. The company, which became part of the index recently, has jumped by 252% this year, pushing its market cap to over $80 billion.</p>
<div class="lb-trans"><p>Robinhood Markets 是另一家在今年帮助推动标准普尔 500 指数的顶级公司。该公司最近成为该指数的一部分，今年股价上涨了 252%，市值超过 800 亿美元。</p>
</div><p>The company has benefited from the growing market share in the United States, and its global expansion. This week, the company acquired two Indonesian companies as it seeks to grow its market share there.</p>
<div class="lb-trans"><p>该公司受益于在美国市场份额的增长以及全球扩张。本周，该公司收购了两家印尼公司，以寻求在当地扩大市场份额。</p>
</div><p>The company also moved deeper into the crypto industry by acquiring Bitstamp, a small crypto exchange, which it hopes to continue growing and make it a formidable competitor to Coinbase and Kraken. It also launched several tokenized stocks in Europe and is working on its own layer 2 solution.</p>
<div class="lb-trans"><p>该公司还通过收购小型加密货币交易所 Bitstamp，进一步深入加密行业，希望继续发展并使其成为 Coinbase 和 Kraken 的强大竞争对手。它还在欧洲推出了几种代币化股票，并正在开发自己的第二层解决方案。</p>
</div><h3>Warner Bros. Discovery (WBD)</h3>
<div class="lb-trans"><h3>Warner Bros. Discovery (WBD)</h3>
</div><p>Warner Bros. Discovery is another top company that helped to boost the S&amp;P 500 Index in 2025 as it surged by 168%. The company has done well this year because of the ongoing bidding war from Netflix and Paramount Skydance.</p>
<div class="lb-trans"><p>Warner Bros. Discovery 是另一家在 2025 年帮助推动标准普尔 500 指数的顶级公司，其股价上涨了 168%。该公司今年表现良好，得益于 Netflix 和 Paramount Skydance 之间的持续竞标战。</p>
</div><p>After reaching a deal with Netflix last week, Paramount Skydance made a superior offer on Monday. It plans to take this offer directly to shareholders, who will likely approve the deal as it has over $17 billion on top.</p>
<div class="lb-trans"><p>在上周与 Netflix 达成协议后，Paramount Skydance 在周一提出了更优的报价。它计划将此报价直接提交给股东，股东们可能会批准该交易，因为它的报价超过 170 亿美元。</p>
</div><p>The other top companies in the S&amp;P 500 Index and its ETFs, like SPY and VOO are Newmont, which jumped because of its exposure to gold, which has jumped to a record high this year. Other top companies in the index were companies like Palantir, Lam Research, Applovin, Intel, Amphenal, and KLA Corporation.</p>
<div class="lb-trans"><p>标准普尔 500 指数及其 ETF 如 SPY 和 VOO 中的其他顶级公司包括 Newmont，该公司因其对黄金的投资而上涨，黄金在今年创下历史新高。该指数中的其他顶级公司包括 Palantir、Lam Research、Applovin、Intel、Amphenal 和 KLA Corporation。</p>
</div><p>READ MORE: Why are Paramount and Netflix overpaying for Warner Bros stock?</p>
<div class="lb-trans"><p>阅读更多：为什么 Paramount 和 Netflix 会为 Warner Bros 股票支付过高的价格？</p>
</div><p>The post Top stocks that fueled the S&amp;P 500 Index, SPY, and VOO ETFs in 2025 appeared first on Invezz</p>
<div class="lb-trans"><p>文章《推动标准普尔 500 指数、SPY 和 VOO ETF 的顶级股票》首次发布在 Invezz 上。</p>
</div>

Top stocks that fueled the S&P 500 Index, SPY, and VOO ETFs in 2025

- 标普 500 指数及其 ETF 在 2025 年上涨超过 40%。  
- 主要推动因素包括强劲财报和人工智能的助力。  
- Robinhood 和 Warner Bros. Discovery 等公司也贡献显著。  

在 2025 年推动标普 500 指数、SPY 和 VOO ETF 的热门股票