The stock's wild ride highlights its crucial role in US ETFs and outperformance.
From the growth of get-rich-quick schemes to becoming a make-or-break factor for outperformance, Nvidia Corp’s latest market roller coaster is a cautionary tale of the importance of the AI chip-maker in the $9.2 trillion US ETF complex.
In fact, the fund is so in demand that it’s traded more than $10 billion worth of shares over the five sessions through Tuesday. The leveraged product has become a regular among the top 15 most-traded ETFs, according to Eric Balchunas of Bloomberg Intelligence. In fact, it’s been so difficult to outperform the S&P 500 without Nvidia exposure that an investor looking to upstage the broader market would have had to be in products some might consider niche or unconventional, including uranium, crypto as well as Polish and Argentinian investments.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
YieldMax™ ETFs Announces Monthly Distributions on MSTYSouth Africa Today, News source, provides breaking news on South Africa, world, Africa, sport, travel and more.
Read more »
Amplify ETFs Declares May Income Distributions for itsCHICAGO, May 30, 2024 (GLOBE NEWSWIRE) -- Amplify ETFs announces May income distributions for its ETFs. ETF NameTickerAmount per ShareEx-DateRecord DatePayable DateAmplify Cash Flow Dividend Leaders ETFCOWS$0.074245/30/20245/30/20245/31/2024Amplify CWP Enhanced Dividend Income ETFDIVO$0.
Read more »
Defiance ETFs Announces Monthly Distributions on $QQQYMIAMI, May 31, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a leader in thematic and income ETFs, is proud to announce monthly distributions for the QQQY - Defiance Nasdaq-100 Enhanced Options Income ETF, JEPY - Defiance S&P 500 Enhanced Options Income ETF, IWMY – Defiance R2000 Enhanced Options Income ETF, TRES – Defiance Treasury Alternative Yield...
Read more »
US reclaims crypto crown on bitcoin ETFsTrump rise in polls.
Read more »
US Bitcoin ETFs post longest run of inflows as token nears recordBitcoin was steady at about $71 100 as of 12:35 p.m. Friday in Singapore, while Ether was little changed at $3 810.
Read more »
Nvidia boss, top chip CEOs to lay out AI plans at Taiwan expoThe world's biggest heavyweights in chipmaking and artificial intelligence will converge this week for Taiwan's premier tech expo, with Nvidia CEO Jensen Huang expected to get a rockstar reception at his keynote speech on Sunday.
Read more »