Coinbase Global Shares Are Trading Higher. The Company Announced It Will Restrict Services Tied to Stablecoins That Do Not Meet MICA European Regulations.
AI Stocks Ripping, Barn Burner Jobs Report - Could Powell Be Wrong?
Market Clubhouse Morning Memo - October 4th, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META And TSLA)
Bitcoin Miner TeraWulf Releases September Mining Update: Details
Bitcoin Miner Iris Energy Releases September Update: What To Know
Ubisoft Jumps After Report Tencent, Guillemot Family Evaluating Takeover Bid
TeraWulf Reports Avg Production Rate of ~5.9 Bitcoin per Day, Mines 176 in September
Amazon To Boost Workforce by 250K for 2024 Holidays, Joining Retail Hiring Surge
S&P 500 Nears Record Highs On Hot Jobs Data: Dollar, Treasury Yields Surge As Aggressive Interest Rate Cut Hopes Fade
Nvidia, Trade Desk And A Financial Stock On CNBC's 'Final Trades'
What's Going On With Cisco Systems Stock Friday?
China Stocks Rally: Hang Seng Hits 2023 High—What's Driving the Surge?
IREN Mines More Bitcoins in September Over August
Mark Zuckerberg Bulldozes Past Jeff Bezos To Become World's 2nd Richest Person As Meta Stock Soars: Is Musk's Top Spot In Jeopardy?
This year, usa actively managed funds are still unable to outperform the index, simply because of underweighting Nvidia.
In 2024, it is not certain industries or even large cap stocks that dragged down actively managed funds from outperforming the market, the main culprit is only one: nvidia. Despite nvidia being the most held semiconductor stock in actively managed funds, with a holding rate of around 70%, its relative weight is still relatively 'low'.
Nvidia soared, due to Blackwell and also due to OpenAI, while institutions are actually underweighted?
Huang Renxun stated in an interview with CNBC that the upcoming Blackwell AI 'super chip' has a 'crazy' demand. At the same time, nvidia invested 0.1 billion US dollars in the financing of OpenAI, the market sees this cooperation as a symbolic step, and it may enable nvidia to have a deeper understanding of OpenAI's chip procurement plan.
OpenAI Secures $4B Credit Line To Supercharge AI Ambitions And Expand Nvidia-Powered Infrastructure: 'Provides Flexibility To Seize Future Growth Opportunities'
Options Market Statistics: Nvidia Stock Jumps After CEO Jensen Huang Says 'Demand for Blackwell Is Insane', Options Pop
OpenAI's Latest 'Eye-Popping' Valuation Ignites Analyst Expectations For 'Tidal Wave' Of AI Spending
Market Falls For What Feels Like the Fourth Day | Wall Street Today