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Nvidia Beats Microsoft To Be The Biggest Of The Big: Here Are 6 ETFs Riding Its Trillion-Dollar Rebound
Thursday, June 5, 2025 - 11:22am | 830Nvidia (NASDAQ:NVDA) once again emerged as the world’s most valuable publicly traded company, overtaking Microsoft (NASDAQ:MSFT) on Tuesday to reach a mind-blowing $3.45 trillion market cap. That means the chipmaker’s valuation has rebounded by more than $1 trillion from an 11-month low...
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More Than A Third Of AI-Based ETFs Were Launched In 2024, Focusing On Nvidia, Microsoft, Apple And Meta, Among Others: Here's How Some Of Them Have Performed This Year So Far
Monday, October 28, 2024 - 4:56am | 788AI-themed exchange-traded funds (ETFs) are witnessing a significant surge as asset managers capitalize on the growing enthusiasm surrounding artificial intelligence. This year, over one-third of the two dozen AI-focused ETFs were launched, according to Morningstar. What Happened: In the past week...
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Nvidia's Market Rally Pushes AI-Themed ETFs Rise To $6.88B, Report Reveals: 'Investors Are Still Sorting Through The Possibilities'
Tuesday, March 19, 2024 - 5:57am | 713The artificial intelligence (AI) sector is experiencing an investment boom, particularly in AI-themed ETFs, driven by the strong market performance of companies such as Nvidia Corp (NASDAQ:NVDA). What Happened: The total value of AI-themed ETFs traded in the U.S. has risen to $6.88 billion as of...
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Oil Rally Fuels Energy Sector's Outperformance Over Tech, Challenges 2023 AI Dominance
Monday, September 18, 2023 - 12:46pm | 975Energy stocks have remarkably outperformed their tech counterparts over the past three months. The driving force behind this surge? A resounding oil rally. WTI-graded crude oil has experienced a remarkable ascent of over 30% since mid-June. This dramatic increase can be attributed to a combination...