The time has come for the FAAMG group – Fb, Amazon, Apple, Microsoft and Alphabet (Google) – to report calendar second quarter earnings. That is additionally a superb time to refresh our reminiscences on the significance of the 5 Massive Tech names to the US stock market.Take Apple, for instance. The Cupertino firm accounts for 12% of the Nasdaq 100. Ought to the stock hypothetically swing up or down by 10% on earnings day, the entire index would transfer by a whopping 1.2%. I imagine, due to this fact, that the person efficiency of a handful of firms in the latest quarter would be the important driver of broad stock market returns within the subsequent 7-10 days.Watch the video for extra info on Apple’s (and its FAAMG friends’) relevance to the stock market.Try these articles subsequent:Apple: Countdown To Earnings Day BeginsFAAMG Earnings Season Begins: What Lies Forward (Video)What Has Occurred to Apple Stock After Earlier Rallies?