Mark Zuckerberg Bulldozes Past Jeff Bezos To Become World's 2nd Richest Person As Meta Stock Soars: Is Musk's Top Spot In Jeopardy?

Benzinga02:42 ET

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'.

wallstreetcn02:09 ET

Dividend Funds and China Come Roaring Back as Nvidia Stalls

Barron's02:24 ET

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.

wallstreetcn01:03 ET

These AI Stocks Are Just as Hot as Nvidia. Don't Get Burned. -- Barrons.com

Barron's01:00 ET

Hong Kong stocks abnormal movement | Fit Hon Teng (06088) rose more than 20%, nvidia is expected to ship a large number of Blackwell orders in Q4, and the company previously raised its network interconnection business revenue guidance.

Fit Hon Teng (06088) rose more than 20% in the morning session, up 18.45% as of the time of publication, at HK$2.76, with a turnover of HK$87.3659 million.

Zhitong Finance23:29 ET